- Unit labour costs +4.0% vs +4.7% q/q prelim
From the
same quarter a year ago, non-farm business labor productivity increased by 2.9%. That marks the largest
four-quarter increase since the Q1 2021. Meanwhile, the labour cost split shows a 4.2% increase in hourly compensation and 0.2% increase in productivity.
This article was written by Justin Low at www.forexlive.com.
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