ICS Blog

2026 Second Quarter Summary: Inflation closes in on compensation cost growth

Through ICS, I gained hands-on experience with compensation strategy and market data analysis that directly prepared me to contribute to KLA's Total Rewards team, where I developed a global rewards framework—reinforcing my passion for a career in total rewards.

For her transformative role in conveying the importance of high-quality federal statistics to legislators, journalists and the public, Erica Groshen, senior economics advisor, has been named the 2026 recipient of the Harry V. Roberts Statistical Advocate of the Year Award, presented by the American Statistical Association.

Cornell Senior Economics Advisor, Erica L. Groshen, the former commissioner of the Bureau of Labor Statistics, with coauthors from Stanford and Georgetown, posts a new working paper on the importance of federal statistics for economic policy.

2026 First Quarter Summary: Inflation closes in on compensation cost growth

ICS Recipients of the 2026 ILR School McPherson Honors and Awards

2025 Fourth Quarter Summary: Further softening in compensation cost growth, though margin above general inflation widens slightly

2025 Third Quarter Summary: Growth in compensation costs continues downward trend, though still above general inflation

Experts from the ILR School met with Senator Jessica Ramos and Assemblymember Harry B. Bronson, New York State Chairs of the Committee on Labor, to discuss the current state of labor in New York.

2025 Second Quarter Summary: Workers’ real purchasing power has slightly weakened despite continued wage growth above inflation.

2025 First Quarter Summary: Continue gains in workers’ real purchasing power, while private-sector benefit costs, particularly healthcare, are accelerating faster than wages.