Department of labor
EMPLOYMENT COST INDEX – September 2018
Compensation costs for civilian workers increased 0.8 percent, seasonally adjusted, for the 3-month period ending in September 2018, the U.S. Bureau of Labor Statistics reported today. Wages and salaries (which make up about 70 percent of compensation costs) increased 0.9 percent and benefit costs(which make up the
remaining 30 percent of compensation) increased 0.4 percent from June 2018.
Maybe if the ECI can break above the .8% ceiling Inflation might start to become a bigger worry.
