US Workers’ Compensation Growth Slowed a Bit in 2019

Americans’ pay and benefits rose at a solid pace last year, but at a slower rate than in 2018, the Labor Department said Friday.

Total salaries and benefits such as health insurance rose 2.7% in 2019, according to the government’s employment cost index, down from 2.9% in the previous year.

In the final three months of last year, workers’ compensation grew 0.7%, matching the third quarter’s increase.