lower than expectations. Prior quarter 0.8%

  • Wages and salaries (which make up about 70 percent of compensation costs) increased 0.6 percent
  • benefit costs (which make up the remaining 30 percent of compensation) increased 0.7 percent from September 2018
  • YoY gain of 2.9% with wages and salaries YoY were up 3.1%
  • Private wages and salaries rose 0.7% and 3.1% YoY
  • The YoY wages and salaries was the most since September 2008