Q1 Wages and Benefits Surge, Most in a Decade
May 02, 2018 at 06:00 AM EDT
Employment costs are on the rise. Wages rose 0.9% and benefits rose 0.7% in the first quarter. The BLS Employment Cost Index shows a jump in wages and benefits in the first quarter. Compensation costs for civilian workers increased 0.8 percent. Wages and salaries (which make up about 70 percent of...