Article: EMPLOYER COSTS FOR EMPLOYEE COMPENSATION-SEPTEMBER

The U.S. Department of Labor's Bureau of Labor Statistics issued the following press release:

Employer costs for employee compensation averaged $27.31 per hour worked in September 2006, the U.S. Department of Labor's Bureau of Labor Statistics reported today. Wages and salaries, which averaged $19.12, accounted for 70 percent of these costs, while benefits, which averaged $8.18, accounted for the remaining 30 percent. (See table 1.) Employer Costs for Employee Compensation, a product of the National Compensation Survey, measures employer costs for wages, salaries, and employee benefits for nonfarm private and state and local government workers.

Employer costs for insurance benefits - life, ...

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