Wage Gains Improved in the Past 12 Months

Wage increases have been stronger this year vs last for American workers, according to the U.S. Bureau of Labor Statistics.

Compensation costs for civilian workers increased 2.3 percent for the 12-month period ending in September 2016.

Wages and salaries increased 2.4 percent for the current 12-month period, and increased 2.1 percent for the 12-month period ending in September 2015.

Benefit costs increased 2.3 percent for the 12-month period ending in September 2016. In September 2015, the increase was 1.8 percent.

Compensation costs for private industry workers increased 2.3 percent over the year, higher than the September 2015 increase of 1.9 percent. Wages and salaries increased 2.4 percent for the current 12 month period.

In September 2015, the increase was 2.1 percent. The cost of benefits rose 1.8 percent for the 12-month period ending in September 2016, and rose 1.4 percent in September 2015.

Employer costs for health benefits increased 2.7 percent for the 12-month period ending in September 2016.

Among occupational groups, compensation cost increases for private industry workers for the 12-month period ending in September 2016 ranged from 1.8 percent for management, professional, and related occupations to 3.2 percent for service occupations.

Among industry supersectors, compensation cost increases for private industry workers for the current 12-month period ranged from 1.7 percent for professional and business services to 3.6 percent for leisure and hospitality.

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