USA: Employment Cost Index

by Liz Ann Sonders

"Wage story always important when analyzing #inflation … Employment Cost Index rose 1% q/q in 4Q21 (annual change was strong at +4%, highest since early-2000s), but key is to look at productivity; if unit labor costs don’t soar, there should be some downward pressure on inflation"

Wage story always important when analyzing #inflation … Employment Cost Index rose 1% q/q in 4Q21 (annual change was strong at +4%, highest since early-2000s), but key is to look at productivity; if unit labor costs don’t soar, there should be some downward pressure on inflation pic.twitter.com/UYzhIEQzJv

— Liz Ann Sonders (@LizAnnSonders) January 31, 2022

Related Datasets

Labour & Income - USA - BLS - Employment Cost Index