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U.S. unit labor costs 1.7% vs. 1.9% forecast

Published 02/02/2017, 13:30
© Reuters. U.S. unit labor costs 1.7% vs. 1.9% forecast
Investing.com - Unit labor costs in the U.S. rose less-than-expected in the last quarter, official data showed on Thursday.

In a report, Bureau of Labor Statistics said that U.S. unit labor costs rose to a seasonally adjusted 1.7%, from 0.2% in the preceding quarter whose figure was revised down from 0.7%.

Analysts had expected U.S. unit labor costs to rise to 1.9% in the last quarter.

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