BLS Data: Changing Compensation Costs in the Seattle Area, March 2022



  • Changing Compensation Costs in the Seattle Area

Items of note:

  • Local wages and salaries for private industry workers increased 4.5% from March 2021 to March 2022, compared to the U.S. average of 5.0%.

  • Local total compensation costs (wages + benefits) increased 7.8% over the year, compared to the U.S. average of 4.8%.

  • Since 2018 employer costs for employee compensation in the Seattle area have risen on average 3.1% annually.