The Labor Department released its latest employment cost index, a quarterly report on how much employers are paying their employees, on Thursday. It showed that employment costs were up 0.8% in Q3.

The numbers: The wages and benefits that companies pay their workers rose less than 1% for the second time in the past three quarters, reflecting the waning demand for labor in a slower-growing ...

Based on the Consumer Price Index, the cost of the basket of goods that (supposedly) we typically buy has risen by about 20% since 2020. To offset this “inflation tax,” compensation must rise by at ...

(Bloomberg)—U.S. employment costs jumped by the most on record at the start of the year, heightening concerns about persistent inflation that set the stage for more forceful policy action by the ...

The U.S. Employment Cost Index rose 0.8% Q/Q in Q3, slightly trailing the +0.9% expected and +0.9% in Q2, according to data from the Bureau of Labor Statistics published on Wednesday. Benefit costs ...

Employment costs are cooling broadly despite the tight jobs market. Cooling labour cost environment offers the Fed the room to cut interest rates meaningfully to neutral levels. Employment costs rose ...

The Employment Cost Index rose 0.9% in Q1 2025, the matching the consensus and holding steady from Q4 2024, according to data released by the U.S. Bureau of Labor Statistics on Wednesday. Wages and ...

The numbers: The cost of labor for U.S. companies accelerated in the first quarter at the fastest pace in a year and a half, complicating the Federal Reserve’s effort to get inflation fully under ...

[Stay on top of transportation news: Get TTNews in your inbox.] U.S. employment costs jumped by the most on record at the start of the year, heightening concerns about persistent inflation that set ...