Pay and Benefits

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Economic Trends

	Consumer Price Index
	+2.6% in May 2008



	Unemployment Rates
	5.5% in May 2008
9.7% for African Americans
6.9% for Hispanics/Latinos


	Payroll Employment
	-49,000(p) in May 2008



	Average Hourly Earnings
	+$0.05(p) in May 2008



	Employment Cost Index
	+0.7% in 1st Qtr of 2008

	Inflation Calculator -

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The World of compensation and benefits and how they are being delivered is changing dramatically. Get the Latest benefit news at Benefitnews.com. Check out mPowerCafe.com a community resource for 401-k participants. leadership training, public speaking training, and team building

leadership training, public speaking training, and team building

Check out the 401-k Help Center, a very good site with lots of information about your benefits. Also check out the Department of Labor's Pension and Welfare Benefits Administration PWBA for useful information. Check out HopeHealth.com -- America's #1 Work Site Health Promotion Provider

Note: Where Federal and state law have different minimum wage rates, the higher standard applies. Click here for specific information on a state

	States with minimum wage rates higher than the Federal		States with no minimum wage law
	States with minimum wage rates the same as the Federal		States with minimum wage rates lower than the Federal
	American Samoa has special minimum wage rates