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4Q-24 Employment Cost Index And January Wage Trends: Are Wage And Benefits Costs Moving Higher Again?

20 hours ago
by The Ashton Report
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While data from one month or one quarter does not a trend make, as the saying goes, there are suggestions in both the Bureau of Labor Statistics’ quarterly “Employment Cost Index” for 4Q-24 and the wage numbers from the January jobs report that wage and benefit costs may be ticking up again. Total compensation costs…

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