Wall Street Journal (01/30/15) Jeffrey Sparshott; Josh Mitchell
The employment-cost index increased a seasonally adjusted 0.6% during the fourth quarter of 2014, indicating that wages are rising slowly for most workers, according to the U.S. Department of Labor. The increase was in line with the forecast of economists surveyed by the Wall Street Journal. Wages and salaries rose 0.5% from a pace of 0.8% in the third quarter, and benefit costs rose 0.6%, matching the previous quarter’s pace. The ECI shows that labor costs are growing slowly, despite a tightening labor market.
Exclusive Insights From CareerBuilder’s 2017 Candidate Experience Study
Nearly four in five candidates (78%) say the overall candidate experience they receive is an indicator of how a company values its people. What does your candidate experience say about you?