With rising prices, wages have actually declined over the year.
The Bureau of Labor Statistics released its quarterly employment cost index Friday. It showed wages are increasing but not keeping up with inflation.
Wages and salaries for workers rose 1.3% in the third quarter and over 5% in the year ending in September.When the numbers are adjusted for rising prices, wages and salaries have actually declined 3% over the year.Paying for wages and benefits cost employers over 1% more in the third quarter, not accounting for inflation.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Wages are increasing but not keeping up with inflation, Labor Dept. findsIt appears workers are getting paid more, but inflation may have them feeling like they are getting paid less.
Baca lebih lajut »
Villanueva Accuses County of Failing to Defend Sheriff's Dept. in LawsuitsSheriff Alex Villanueva accused the county of failing to adequately defend the Sheriff’s Department in lawsuits alleging excessive force or wrongful conduct cases by deputies.
Baca lebih lajut »
Opinion | End 'Poverty Wages' in SchoolsExpanding union membership for all those who help children thrive can help to end the pay penalty, which disproportionately harms women, and especially women of color.
Baca lebih lajut »
Unions protest outside Cleveland City Hall in pursuit of higher wagesSeveral unions representing workers for the City of Cleveland held a protest outside city hall Thursday calling for higher wages following the city's decision to increase pay for police officers.
Baca lebih lajut »
A Workers’ Guide To Wage Theft: What To Do If Your Boss Steals Your WagesIf your paycheck isn’t right, the state or federal government could help, but it may take some research, records and patience on your part.
Baca lebih lajut »