Resources

  • Columns / Blogs

NFIB Weekly News

NFIB Weekly News Leading the News

Payrolls Continue To Rise, Wages Growing By Most In A Decade. (11/06/2018)

Reuters (10/31, Mutikani) said the ADP national employment report shows that “US private sector payrolls increased by the most in eight months in October.” According to Reuters, “The strong jobs market is gradually putting upward pressure on compensation, with other data on Wednesday showing a solid increase in labor costs in the third quarter.” Reuters added that the Labor Department’s Employment Cost Index report “showed wages and salaries, which account for 70 percent of employment costs, jumped 0.9 percent in the third quarter after climbing 0.5 percent in the prior period.”

These articles and resources are provided by Small Business Resources and do not necessarily reflect the views and opinions of People's United Bank. They are for general information only and are not intended to provide specific advice or recommendations for any individual or business. Please consult your attorney, accountant, or financial or other advisor with regard to your individual situation.

Any links to third party websites are provided for your convenience. These sites are not within our control and may not have the same privacy, security or accessibility standards as People's United Bank. These third parties are solely responsible for the content provided and the availability of their sites.

Copyright © 2005-2018 Small Business Resources.