Tuesday, February 4, 2025

The Economics Daily

Bureau of Labor Statistics
The latest Economics Daily article is available here: https://www.bls.gov/opub/ted/2025/compensation-costs-up-3-6-percent-in-2024.htm. Highlights are below.

Compensation costs up 3.6 percent in 2024

02/04/2025

Total compensation costs for private industry workers in the United States rose 3.6 percent from December 2023 to December 2024, compared with a 4.1-percent increase for the year ended in December 2023. In the New York-Newark, NY-NJ-CT-PA, metropolitan area, compensation costs increased 2.8 percent over the past year, following a 4.2-percent increase from December 2022 to December 2023.

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