Washington: The employment cost index in the US, which measures the change in the price businesses and the government pay for civilian labor, rose 0.8% in the third quarter, according to data released on Thursday. According to Anadolu Agency, this increase was slightly lower than market estimates of a 0.9% gain and followed a 0.9% increase in the second quarter of this year. Over the 12-month period ending in September, compensation costs for civilian workers increased 3.9%, according to the US Bureau of Labor Statistics. Wages and salaries saw an annual increase of 3.8% for the same period. The data also indicated that compensation costs for state and local government workers experienced an increase of 4.7% for the 12-month period ending in September.
Recent Post
3 Students Killed, 8 Injured in High School Shooting in Southern Philippines
September 18, 2026
Zelenskyy Unveils Carpathian Eight Initiative to Boost Regional Cooperation
September 18, 2026
Azerbaijan Rejects French Allegations on Judicial System
September 18, 2026