Local compensation costs rise 3.7% Y/Y in Sept.

PBN Staff

11/05/2021

thumbnail_image002 — COMPENSATION COSTS in the Boston-Worcester-Providence combined statistical area increased 3.7% year over year in September. / COURTESY BUREAU OF LABOR STATISTICS

PROVIDENCE – Compensation costs in the Boston-Worcester-Providence combined statistical area increased 3.7% year over year in September, slower than the national growth rate of 4.1% in that time, according to a Bureau of Labor Statistics report released on Thursday. Wages and salaries, the largest component of compensation costs, rose 4.2% year over year in the…

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