U.S. labor costs rose moderately in the second quarter, driven by the slowest private sector wage growth in 3.5 years. The Employment Cost Index (ECI) increased by 0.9% during this period, a cooling ...
WASHINGTON, Oct 31 (Reuters) - U.S. labor costs recorded their smallest increase in more than three years in the third quarter amid cooling wage growth, indicating that inflation was firmly on a ...
WASHINGTON, Dec 10 (Reuters) - U.S. labor costs increased slightly less than expected in the third quarter as a softening labor market curbed wage growth, which bodes well for the inflation outlook.
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