Monday, March 24, 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-19-90-per-hour-in-leisure-and-hospitality-december-2024.htm. Highlights are below.

Compensation costs $19.90 per hour in leisure and hospitality, December 2024

03/24/2025

Total employer compensation costs for private industry workers in the leisure and hospitality industry averaged $19.90 per hour worked in December 2024. Wages and salaries averaged $16.25 and accounted for 81.7 percent of employer costs, while benefit costs averaged $3.65 and accounted for the remaining 18.3 percent.

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