Compensation costs for private industry workers up 5.5 percent from June 2021 to June 2022

Compensation costs for private industry workers increased 5.5 percent from June 2021 to June 2022. Wages and salaries rose 5.7 percent over this period, while the costs of benefits increased 5.3 percent. For state and local government workers, compensation costs increased 3.4 percent from June 2021 to June 2022. READ MORE