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NEWS RELEASET°Fl <br /> 9 <br /> 91,�% $o <br /> u. <br /> BUREAU OF LABOR STATISTICS <br /> U. S. DEPARTMENT O F L A BO R TA , <br /> 4 <br /> S TESD <br /> For Release: Thursday, November 10, 2016 16-2081-CHI <br /> MIDWEST INFORMATION OFFICE: Chicago, Ill. <br /> Technical information: (312)353-1880 • BLSInfoChicago@bls.gov • www.bls.gov/regions/midwest <br /> Media contact: (312)353-1138 <br /> Changing Compensation Costs in the Minneapolis Metropolitan Area — September <br /> 2016 <br /> Total compensation costs for private industry workers increased 2.9 percent in the Minneapolis-St. Paul-St. <br /> Cloud, Minn.-Wis. metropolitan area for the year ended in September 2016, the U.S. Bureau of Labor <br /> Statistics reported today.Assistant Commissioner for Regional Operations Charlene Peiffer noted that a year <br /> earlier, Minneapolis experienced a gain of 2.4 percent in total compensation costs. Locally, wages and <br /> salaries, the largest component of total compensation costs, rose 2.8 percent over the 12-month period ended <br /> September 2016. Nationwide, total compensation costs and wages and salaries rose 2.3 percent and 2.4 <br /> percent respectively, over the same period. (See chart 1 and table 1.) <br /> Chart 1.Twelve-month percent changes in the Employment Cost Index, private industry workers. <br /> United States and the Minneapolis area,notseasonally adjusted, September 2014—September 2016 <br /> Percent change Percent change <br /> 6.0 _ _ 6.0 <br /> United States total compensation United States wages and salaries <br /> Minneapolis total compensation Minneapolis wages and salaries <br /> 5.0 <br /> 4,0 <br /> 3.0 - 3.0 — o �. <br /> 2.0 °. _ .�.� .,. 2.0 <br /> . .. '._._........ <br /> 1.0 —__ 1.0 -- — — <br /> 0.0 0.0 <br /> Sep Dec Mar Jun Sep Dec Mar Jun Sep Sep Dec Mar Jun Sep Dec Mar Jun Sep <br /> "14 15 '16 '14 15 16 <br /> Source:U.S.Bureau of Labor Statistics_ <br /> Minneapolis is 1 of 15 metropolitan areas in the United States, and 1 of 3 areas in the Midwest region of the <br /> country, for which locality compensation cost data are now available.Among these 15 largest areas, over- <br /> the-year percentage changes in the cost of total compensation ranged from 3.3 percent in Los Angeles-Long <br /> Beach-Riverside, Calif.to 1.3 percent in Houston-Baytown-Huntsville, Texas in September 2016; for wages <br /> 68 <br />