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Economic News Releases

Employment Cost Index

January 30, 2009
Total compensation costs for civilian workers increased 0.5 percent, seasonally adjusted, from September to December 2008. For the year ended December 2008, compensation costs rose 2.6 percent. The 12-month increase for wages and salaries was 2.7 percent and the benefits increase was 2.2 percent. Full Text »

Mass Layoffs (Monthly)

January 28, 2009
In December, there were 2,275 mass layoff actions, involving 226,117 workers. Mass layoff events decreased by 58 over the month, while initial claims increased slightly by 478. Over the year, mass layoff events increased by 806, and initial claims increased by 80,201. Layoff activity in manufacturing rose for the fifth consecutive month. Full Text »

The Editor's Desk

Union membership in 2008

January 30, 2009
In 2008, union members accounted for 12.4 percent of employed wage and salary workers, up from 12.1 percent a year earlier. The number of workers belonging to a union rose by 428,000 to 16.1 million. In 1983, the first year for which comparable union data are available, the union membership rate was 20.1 percent, and there were 17.7 million workers. Full Text »

Spending on Cell Phone Services...

...Has Exceeded Spending on Residential Phone Services

Spending on Cell Phone Services Cellular phone expenditures of consumers surpassed spending on residential landline phone services beginning in 2007. Read more ยป

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Career Information for Kids

Career Information for Kids

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