Yonhap Infomax NewsMay 8, 2025
U.S. Q1 unit labor costs rise 5.7%, surpassing market expectations, as productivity turns negative for the first time in about 3 years
#YonhapInfomax #UnitLaborCosts #USProductivity #LaborDepartment #EconomicIndicators #MarketExpectations #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
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US Q1 Unit Labor Costs Preliminary Estimate Rises 5.7%, Exceeding Market Expectations

U.S. Q1 unit labor costs rise 5.7%, surpassing market expectations, as productivity turns negative for the first time in about 3 years

Yonhap Infomax
ExTraders GlobalJun 6, 2024
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