June 2013 Employment Cost Index — 2013-07-31
Compensation costs for civilian workers increased 0.5 percent, seasonally adjusted, for the 3-month period ending June 2013, following a similar 3-month percent…
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Compensation costs for civilian workers increased 0.5 percent, seasonally adjusted, for the 3-month period ending June 2013, following a similar 3-month percent increase in March, the U.S. Bureau of Labor Statistics reported today. Wages and salaries (which make up about 70 percent of compensation costs) rose 0.4 percent in the June quarter, similar to the 0.5 percent increase for the previous period. Benefits (which make up the remaining 30 percent of compensation) increased 0.4 percent, compared to a 0.6 percent increase for the 3-month period ending in March. Compensation costs for civilian workers increased 1.9 percent for the 12-month period ending June 2013. In June 2012 the 12-month percent increase was 1.7 percent. Wages and salaries increased 1.7 percent for the current 12-month period, the same as the increase in June 2012. Benefit costs increased 2.2 percent for the 12-month period ending June 2013, about the same as the 2.1 percent increase for the 12-month period ending June 2012.
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