US Q1 unit labor costs rose 6.6%, beating forecasts, while nonfarm productivity fell 1.5%—the first decline since Q2 2022—signaling persistent wage pressures.
#YonhapInfomax #UnitLaborCosts #USDepartmentOfLabor #NonfarmProductivity #Q1Data #WageGrowth #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
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#US Q2: Nonfarm productivity up 2.3% (forecast 1.7%, previous 0.4%) while unit labor costs rose 0.9% (forecast 1.8%, previous 3.8%). #NonfarmProductivity #UnitLaborCosts

In Q1, #US #nonfarmproductivity grew by 0.2%, falling short of both the consensus of 0.3% and the previous quarter's 3.2%. Concurrently, #unitlaborcosts surged by 4.0%, surpassing the consensus of 4.7% and the previous 0.4%. #USProductivity #LaborCosts

In the first quarter, #nonfarmproductivity increased by 0.3%, falling short of the expected 0.8% and significantly lower than the previous 3.5% growth. Meanwhile, #unitlaborcosts rose by 4.7%, surpassing expectations of 3.6% and showing an increase from the previous 0.4%. #US