Tag: American workers

Worker Pay and Benefits Grow at Record Pace, Pressuring Inflation

Handsome man with tools, holding an American Flag, standing against a background of green trees and the rays of the setting sun. View from the back, close-up. Concept of work and employment

Compensation for American workers increased rapidly in the first quarter, as a tight labor market put more money in workers’ pockets while keeping inflation under control. Without adjusting for seasonality, business and government employers spent 4.5 percent more on worker costs in the first quarter compared to the same period a year ago, according to… Continue reading Worker Pay and Benefits Grow at Record Pace, Pressuring Inflation