Articles Index
Employer Costs for Employee Compensation: December 2004
Employer costs for employee compensation averaged $25.57 per hour
worked in December 2004, the U.S. Department of Labor's Bureau of Labor
Statistics reported today. Wages and salaries, which averaged $18.07,
accounted for 70.7 percent of these costs, while benefits, which averaged
$7.50, accounted for the remaining 29.3 percent.
Employment Cost Index: December 2004
Total compensation costs for civilian workers increased 0.7 percent from September to December 2004, seasonally adjusted, moderating from the 0.9 percent gain from June to September, the Bureau of Labor Statistics of the U.S. Department of Labor reported today.
Employer Costs for Employee Compensation: September 2004
Employer costs for employee compensation averaged $25.36 per hour worked in September 2004, the U.S. Department of Labor's Bureau of Labor Statistics reported today. Wages and salaries, which averaged $17.96, accounted for 70.8 percent of these costs, while benefits, which averaged $7.40, accounted for the remaining 29.2 percent.
