US UNIT LABOR COSTS RISE 4.7% IN Q1 VS. 3.2% EXPECTED...來自hagijeee

04 May 2024, 19:14 · 閱讀量 112

Unit Labor Costs rose more than expected in the first quarter.
US Dollar Index stays below 106.00 after the data.

Unit Labor Costs in the nonfarm business sector increased 4.7% in the first quarter of 2024, the US Bureau of Labor Statistics (BLS) reported on Thursday. This reading followed the no change in the previous quarter (revised from 0.4%) and came in above the market expectation of 3.2%.

"Nonfarm business sector labor productivity increased 0.3% in the first quarter of 2024, as output increased 1.3% and hours worked increased 1%" the BLS noted in its press release.

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