International Economic

US Employment Cost Index rises more quickly than expected in Q1

By Alexander Bueso

Date: Tuesday 30 Apr 2024

(Sharecast News) - The cost in the U.S. of employing workers picked up modestly at the start of 2024 amid a jump in benefits.
According to the Department of Labor, the country's Employment Cost Index advanced by 1.2% quarter-on-quarter.

That followed a 0.9% rise over the prior three months and...

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