The pace of worker compensation plays a big role in businesses’ labor costs. When pay accelerates especially fast, it ...
Wages and benefits at the state and local government level also drove the overall increase, rising 1.3% in the first quarter from 1% in the fourth, while private-sector compensation growth rose by ...
Recent economic data shows that job growth is strong and people are earning higher wages. See why this is good news for your ...
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WASHINGTON (AP) — Pay and benefits for America’s workers grew more quickly in the first three months of this year, a trend that could contribute to higher inflation and raise concerns about ...
Workers' paycheck growth accelerated in the first quarter, a possible concern for the Fed Pay and benefits for America’s workers grew more quickly in the first three months of this year, a trend ...
On Tuesday, April 30, 2024, the Labor Department reports on wages and benefits for U.S. workers during the first quarter of 2024. (AP Photo/Nam Y. Huh) By CHRISTOPHER RUGABER – Associated Press ...
Compared with the same quarter a year earlier, compensation growth was unchanged at 4.2%. The increase in wages and benefits could add to concerns at the Fed that inflation may remain too high in ...