Worker Wages and Benefits Continue to Climb as Compensation Increases
Compensation costs for civilian workers increased 0.8% in the three months ending in September. In the past year, compensation costs rose 3.9%, with wages up by the same amount and benefits up 3.7%. Manufacturing compensation costs rose 0.8% in the three months ending in September and are up 3.8% in the past 12 months, with manufacturing wages up 4.0% and benefits up 3.3%.
Private industry compensation costs increased 3.6% over the year, with wages up 3.8% and benefits up 3.3%. Inflation-adjusted compensation costs rose 1.2%. Within private industry, union workers saw a 5.8% increase in compensation costs, while nonunion workers had a 3.4% increase. State and local government workers experienced a 4.7% rise in compensation costs, with wages up 4.6% and benefits up 4.8%.