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CHANGING COMPENSATION COSTS IN THE SAN JOSE METROPOLITAN AREA- MARCH 2019

Posted: 04.15.2019

EO Jobs & Careers

April 15, 2019


SAN JOSE, CA California   

Total compensation costs for private industry workers increased 3.0 percent in the San Jose- San Francisco-Oakland, California metropolitan area for the year eneded March 2019, the U.S. Bureau of Labor Statistics reported.  Assistant Commissioner for Regional Operations Richard Holden noted that one year ago, San Jose experienced an annual gain of 4.4 percent in compensation costs.  Locally, wages and salaries, the largest component of compensation costs, advanced at a 3.3-percent pace for the 12-month period ended March 2019. Nationwide, total compensation costs increased 2.8 percent and wages and salaries rose 3.0 percent from March 2018 to March 2019. 


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