The Economics Daily

Bureau of Labor Statistics

The latest Economics Daily article is available here: https://www.bls.gov/opub/ted/2024/compensation-costs-for-private-industry-workers-averaged-44-40-per-hour-in-september-2024.htm. Highlights are below. Compensation costs for private industry workers averaged $44.40 per hour in September 2024 12/30/2024 Total employer compensation costs for private industry workers averaged $44.40 per hour worked in September 2024. Wages and salaries averaged $31.25 per hour worked and accounted for 70.4 percent of employer costs, while benefit costs averaged $13.15 per hour worked and accounted for the remaining 29.6 percent. HTML

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