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Economy

progree

(11,493 posts)

1. Compensation costs up 4.5% over the year, and Minus 3.7% in inflation-adjusted dollars

Reply to mahatmakanejeeves (Original post)

Fri Apr 29, 2022, 03:17 PM

Apr 2022

for civilian workers. Source: same.

Kinda shows that worker compensation isn't driving inflation, its not even keeping up with it by a fairly sizable margin.

ETA- The minus 3.7% inflation adjusted compensation number is from the top-right number in Table A
https://www.bls.gov/news.release/eci.nr0.htm

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BLS: Compensation costs up 1.4% Dec 2021 to Mar 2022 and up 4.5% over the year ending Mar 2022 [View all] mahatmakanejeeves Apr 2022 OP

Compensation costs up 4.5% over the year, and Minus 3.7% in inflation-adjusted dollars progree Apr 2022 #1