Boston Herald

Boston-area wages up 6.1%

- Herald wire services were used in this report.

Wages and salaries in the Boston area rose at their fastest yearly clip since 2006, growing 6.1% for the 12-month period ending in March, the federal government reported Monday.

The U.S. Bureau of Labor Statistics said wages and salaries nationwide increased 5% in the same period. The largest increase in wages and salaries, at 6.4%, was in the Phoenix area.

Compensati­on costs for private industry workers increased 5.6% for the year ending in March in the combined statistica­l area that includes the Greater Boston area, Rhode Island, Connecticu­t and New Hampshire, the bureau said, compared to an annual gain of 2.9% in compensati­on one year ago.

Newspapers in English

Newspapers from United States