Compensation costs up 3.9 percent in private industry over the year
April 30, 2004
Compensation costs in private industry rose 3.9 percent in the year ended March 2004, compared with a 3.8 percent increase in March 2003.
The components of compensation continued to show significant differences. For private industry workers, wages and salaries rose 2.6 percent in the year ended March 2004, compared with a gain of 7.0 percent for benefits.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Compensation costs up 3.9 percent in private industry over the year on the Internet at https://www.bls.gov/opub/ted/2004/apr/wk4/art05.htm (visited October 23, 2020).
Recent editions of Spotlight on Statistics
- Gulf War Era Veterans in the Labor Force
Examines the demographic, employment, and unemployment characteristics of civilians who served in the U.S. military during Gulf War era.
- Using BLS Data to Match People with Disabilities with Jobs Presents data that can help increase access and opportunity for people with disabilities in the nation’s labor market.
- How Women and Aging Affect Trends in Labor Force Growth Examines how women’s labor force participation and the aging of the U.S. population affect trends in labor force growth.
- Meal Appeal: Patterns of Expenditures on Food away from Home
Examines spending on food away from home, such as meals or snacks from restaurants, vending machines, employer cafeterias, or other venues.