Workers Compensation Costs for December 2010

January 28,2011

The Bureau of Labor Statistics released the data on compensation costs today.

Compensation costs for civilian workers increased 2.0 percent for the 12-month period ending December 2010. The majority of the increase came from an increase in benefits costs, i.e. primarily retirement costs. Benefits costs were up 2.9% compared to a 1.6% increase in wages and salaries.

During the previous year (2009) the increase in compensation costs was 1.4 percent.


Today’s Headlines

Medical Personnel Shortage: How This Vacuum Will Impact the Careers of Health Professionals

There's been quite a bit of discussion lately about the shortage of medical personnel in many areas. This is both a problem and an opportunity. It's certainly a … [Read More...]

September Unemployment Rate Down

On Friday October 6th the U.S. Bureau of Labor Statistics (BLS) released their monthly employment survey results for the month of September. Every month the BLS … [Read More...]

What’s Costing You the Most in Your Hiring Process?

What's Costing You the Most in Your Hiring Process? Hiring the right personnel is one of the most important tasks of an HR Manager. If the wrong person is … [Read More...]

5 Old-school Careers That Still Bring Success and Fulfillment

In a time when technology has such a strong presence, you may wonder if old-school careers still matter. While some of them have faded, plenty are still popular … [Read More...]

Unemployment News

BLS Monthly Employment Report for April

The US economy added 160,000 "seasonally adjusted" jobs in April, the lowest figure in the last seven months. The adjusted U-3 unemployment rate remained steady at 5%. The Unadjusted U-3 fell to 4.7% while the … [Read More...]

More Posts from this Category

About Tim McMahon

Work by editor and author, Tim McMahon, has been featured in Bloomberg, CBS News, Wall Street Journal, Christian Science Monitor, Forbes, Washington Post, Drudge Report, The Atlantic, Business Insider, American Thinker, Lew Rockwell, Huffington Post, Rolling Stone, Oakland Press, Free Republic, Education World, Realty Trac, Reason, Coin News, and Council for Economic Education. Connect with Tim on Google+

Speak Your Mind

*