Wages, benefits up at 2-year best pace
By: Pam On: Oct/31/06 - 2 Comments
The Labor Department reported that its Employment Cost Index was up 1 percent in the third quarter, compared to a 0.9 percent rise in the April-June period. It was the biggest quarterly increase since a similar 1 percent rise in the second quarter of 2004.
The increase, which was above the 0.9 percent rise that economists had been expecting, was led by a big jump in the cost of employee benefits such as health insurance and pensions.
October 31, 2006 - 11:40 PM on October 31st, 2006
Peejz, how does Ohio and Michigan score in that? Yeah, that’s what I thought.
November 1, 2006 - 07:06 AM on November 1st, 2006
1- Toasted, MI is at the bottom because we have had a governor that has seen the automotive business slowly dry up and instead of encouraging new..she is declaring war on the existing businesses..Because of her stupidity, Ohio and Indiana both picked up automotive in their states, while we never went to the table…MI is where we are at because of our Governor.