May 2, 2000 (The Editor’s Desk is updated each business day.)
Increases in wages and salaries and benefits, March 1999-March 2000
In nonfarm private
industry, wages and salaries rose 4.2 percent for the year ended March
2000, up from a 3.3 percent increase in the year ended March 1999. In
State and local government, the increase in wages and salaries was 3.8
percent, as compared with a 2.9 percent increase in March 1999.
[Chart data—TXT]
Benefit costs for private industry workers increased 5.5 percent for
the year ended in March 2000, a significant increase from 2.2 percent in
March 1999. Benefit costs for State and local government workers increased
3.2 percent for the year ended in March 2000; in March 1999, the increase
was 2.8 percent.
These data are from the BLS Employment
Cost Trends program. Learn more in "Employment
Cost Index—March 2000," news
release USDL 00-120. The over-the-year changes reported in this article
are based on not-seasonally-adjusted data.
Of interest
Spotlight on Statistics: National Hispanic Heritage Month
In this Spotlight, we take a look at the Hispanic labor force—including labor force participation, employment and unemployment, educational attainment, geographic location, country of birth, earnings, consumer expenditures, time use, workplace injuries, and employment projections.
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