US Employment Costs Rise at Slowest Pace in Four Years
Market Intelligence Analysis
AI-PoweredThe US employment cost index has risen at its slowest pace in four years, increasing 3.5% over the past 12 months and 0.8% in the past quarter, according to the Bureau of Labor Statistics.
Market impact analysis based on neutral sentiment with 73% confidence.
Article Context
The US employment cost index rose at the slowest pace since mid-2021, increasing 3.5% in the 12 months ended in September and rising 0.8% on a quarterly basis, according to Bureau of Labor Statistics. Michael McKee reports on Bloomberg Television (Source: Bloomberg)
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