US EMPLOYMENT COST INDEX RISES 1.2% IN Q1 VS. 1% EXPECTED...来自Wulan Viana

01 May 2024, 13:31 · 阅读量 98

Employment Cost Index rose at a faster pace than expected in Q1.
US Dollar Index stays in positive territory near 106.00 after the data.

The Employment Cost Index in the US rose 1.2% in the first quarter, the US Bureau of Labor Statistics (BLS) reported on Tuesday. This reading followed the 0.9% increase recorded in the last quarter of 2023 and came in above the market expectation of 1%.

"Compensation costs for civilian workers increased 4.2% for the 12-month period ending in March 2024 and increased 4.8% in March 2023," the BLS said in the press release. "Wages and salaries increased 4.4% for the 12-month period ending in March 2024 and increased 5.0% for the 12-month period ending in March 2023

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