• U.S. Business Economists Report Higher Wages, Employment — April 2015

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National Association for Business Economics: Wages: "The share of respondents reporting rising wages and salaries at their firms increased again in the first quarter, to 45%, up from 31% in the January 2015 survey and 35% a year ago. "After surging in January 2015, the April BCS results show expectations for rising wages and salaries were relatively stable from the previous survey. Forty-six percent of respondents anticipate increases, for an NRI of 44, compared to an NRI of 46 in January’s of 2015, with 35% indicating additional hiring compared to 34% in survey. Employment: "There was a modest increase in the share of survey respondents reporting increased employment at their firms during the first quarter January (for the fourth quarter of 2014) and 28% in April 2014 (for the first quarter of 2014). In addition, the share of respondents reporting employment declines in the April survey edged lower over the quarter to 7%. As a result, the NRI edged up slightly from the previous survey to 28, the highest employment NRI since July 2014. "As measured by the NRI, expectations for hiring in the second quarter of 2015 are unchanged from those reported in January for hiring during the first quarter of 2015. The overall NRI held steady at 29. However, the steady NRI reflects equivalent increases in the shares of respondents expecting both increases and decreases in hiring. Please visit this link to read the full report: NABE NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. © 2015 Connecticut Human Resource Reports, LLC URL: http://connecticuthumanresources.blogspot.com/

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• U.S. Employment Situation – March 2014

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Total nonfarm payroll employment rose by 192,000 in March, and the unemployment rate was unchanged at 6.7 percent. Employment grew in professional and business services, in health care, and in mining and logging. In March, the number of unemployed persons was essentially unchanged at 10.5 million, and the unemployment rate held at 6.7 percent. Both measures have shown little movement since December 2013. Over the year, the number of unemployed persons and the unemployment rate were down by 1.2 million and 0.8 percentage point, respectively. See the complete report at this link: USDOL-BLS

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• U.S. Occupational Employment and Wages - 2013

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Most of the largest occupations were relatively low paying. Of the 10 largest occupations, only registered nurses, with an annual mean wage of $68,910, had an average wage above the U.S. all-occupations mean of $22.33 per hour or $46,440 annually. Annual mean wages for the rest of the 10 largest occupations ranged from $18,880 for combined food preparation and serving workers to $34,000 for secretaries and administrative assistants, except legal, medical, and executive. See the complete report at this link: USDOL-BLS

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• Average Weekly Earnings Of Wage And Salary Workers – Q4 2013

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Median weekly earnings of the nation's 104.8 million full-time wage and salary workers were $786 in the fourth quarter of 2013 (not seasonally adjusted). This was 1.4 percent higher than a year earlier, compared with a gain of 1.2 percent in the Consumer Price Index for All Urban Consumers (CPI-U) over the same period. See the complete report at this link: USDOL-BLS

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• U.S. Payrolls – November 2013

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Private wages and salaries increased $26.1 billion in November, compared with an increase of $9.9 billion in October. Goods producing industries' payrolls increased $8.3 billion, compared with an increase of $1.4 billion; manufacturing payrolls increased $4.8 billion, compared with an increase of $1.5 billion. Services-producing industries' payrolls increased $17.8 billion, compared with an increase of $8.6 billion. Government wages and salaries increased $1.0 billion, in contrast to a decrease of $0.1 billion. See the complete report at this link: USDOC-BEA

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• U.S. Employment and Wages, by County – Q2 2013

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From June 2012 to June 2013, employment increased in 288 of the 334 largest U.S. counties. Fort Bend, Texas, had the largest increase, with a gain of 7.0 percent over the year, compared with national job growth of 1.6 percent. Atlantic, N.J., had the largest over-the-year decrease in employment among the largest counties in the U.S. with a loss of 4.5 percent. The U.S. average weekly wage increased over the year by 2.1 percent to $921 in the second quarter of 2013. Union, N.J., had the largest over-the-year increase in average weekly wages with a gain of 8.1 percent. Davidson, Tenn., experienced the largest decrease in average weekly wages with a loss of 2.2 percent over the year. See the complete report at this link: USDOL-BLS

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• U.S. Real Earnings – November 2013

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Real average hourly earnings for all employees rose 0.2 percent from October to November, seasonally adjusted. This increase stems from a 0.2 percent increase in average hourly earnings combined with an unchanged Consumer Price Index (sa) for All Urban Consumers (CPI-U). Real average weekly earnings rose 0.4 percent over the month due to the increase in real average hourly earnings combined with a 0.3 percent increase in the average workweek. Real average hourly earnings rose 0.9 percent, seasonally adjusted, from November 2012 to November 2013. The increase in real average hourly earnings, combined with a 0.3 percent increase in the average workweek, resulted in a 1.1 percent increase in real average weekly earnings over this period. See the complete report at this link: USDOL-BLS *Note: Real earnings show the effect of inflation on your pay. If your salary went up by 1.1% over the year while the cost-of-living (CPI-U) rose 1.3%, then the “real” value of your salary fell by 0.2% [differences in some of the data are due to rounding and seasonal adjustment]. The figures reported here are earnings for all employees on private nonfarm payrolls, seasonally adjusted.

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• U.S. Employment Cost Index – Q3 2013

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Civilian Workers: Compensation costs for civilian workers increased 1.9 percent for the 12-month period ending September 2013, unchanged from the 12-month period ending in September 2012. Wages and salaries increased 1.6 percent for the current 12-month period. In September 2012, the 12-month increase was 1.7 percent. Benefit costs increased 2.2 percent for the 12-month period ending September 2013, compared with the 2.4 percent increase for the 12-month period ending September 2012. Click on chart to enlarge. Private Industry Workers: Compensation costs for private industry workers increased 1.9 percent over the 12-month period ending September 2013, the same increase as in September 2012. Wages and salaries increased 1.8 percent for the year ending in September 2013, the same increase as the period one year ago. The increase in the cost of benefits was 2.0 percent for the 12-month period ending September 2013, compared with a 2.2 percent increase in the period ending in September 2012. Health benefit costs increased 2.7 percent. In September 2012, the increase was 2.3 percent. State and Local Government Workers: Compensation costs for state and local government workers increased 1.7 percent for the 12-month period ending September 2013. In September 2012 the increase was 1.8 percent. Wages and salaries increased 0.9 percent for the 12-month period ending September 2013, compared with a 1.1 percent increase from a year earlier. Prior values for this series, which began in June 1982, ranged from 1.0 percent to 8.5 percent. Benefit costs increased 2.9 percent in September 2013. In September 2012, the increase was 3.2 percent. See the complete report at this link: USDOL-BLS

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• Usual Weekly Earnings Of U.S. Wage And Salary Workers – Q3 2013

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Median weekly earnings of the nation's 105.5 million full-time wage and salary workers were $771 in the third quarter of 2013 (not seasonally adjusted). This was 1.7 percent higher than a year earlier, compared with a gain of 1.6 percent in the Consumer Price Index for All Urban Consumers (CPI-U) over the same period. On a not seasonally adjusted basis, median weekly earnings were $771 in the third quarter of 2013. Women who usually worked full time had median weekly earnings of $698, or 82.4 percent of the $847 median for men. The women’s-to-men’s earnings ratio varied by race and ethnicity. White women earned 82.8 percent as much as their male counterparts, compared with black (87.1 percent), Asian (77.4 percent), and Hispanic women (90.8 percent). Among the major race and ethnicity groups, median weekly earnings for black men working at full-time jobs were $682 per week, or 78.6 percent of the median for white men ($868). The difference was less among women, as black women's median earnings ($594) were 82.6 percent of those for white women ($719). Overall, median earnings of Hispanics who worked full time ($587) were lower than those of blacks ($630), whites ($794), and Asians ($922). Usual weekly earnings of full-time workers varied by age. Among men, those age 45 to 54 and 55 to 64 had the highest median weekly earnings, $970 and $1,001, respectively. Usual weekly earnings were highest for women age 35 to 64; weekly earnings were $775 for women age 35 to 44, $755 for women age 45 to 54, and $769 for women age 55 to 64. Workers age 16 to 24 had the lowest median weekly earnings, at $430. Among the major occupational groups, persons employed full time in management, professional, and related occupations had the highest median weekly earnings-— $1,338 for men and $962 for women. Men and women employed in service jobs earned the least, $562 and $447, respectively. By educational attainment, full-time workers age 25 and over without a high school diploma had median weekly earnings of $479, compared with $659 for high school graduates (no college) and $1,174 for those holding at least a bachelor's degree. Among college graduates with advanced degrees (professional or master's degree and above), the highest earning 10 percent of male workers made $3,436 or more per week, compared with $2,302 or more for their female counterparts. See the complete report at this link: USDOL-BLS

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• U.S. Employment and Wages, by County – Q1 2013

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From March 2012 to March 2013, employment increased in 282 of the 334 largest U.S. counties. The U.S. average weekly wage increased over the year by 0.6 percent to $989 in the first quarter of 2013. See the complete report at this link: USDOL-BLS

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• Median Weekly Earnings of U.S. Workers – Q2 2013

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Median weekly earnings of the nation's 104.2 million full-time wage and salary workers were $776 in the second quarter of 2013 (not seasonally adjusted). This was 0.6 percent higher than a year earlier, compared with a gain of 1.4 percent in the CPI-U. See the complete report at this link: USDOL-BLS

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• U.S. County Employment and Wages

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From December 2011 to December 2012, employment increased in 287 of the 328 largest U.S. counties. Elkhart, Ind., posted the largest increase, with a gain of 7.4 percent over the year, compared with national job growth of 1.9 percent. The U.S. average weekly wage increased over the year by 4.7 percent to $1,000 in the fourth quarter of 2012. San Mateo, Calif., had the largest over-the-year increase in average weekly wages with a gain of 107.3 percent. Read the full article at this link: USDOL-BLS

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