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U.S. unit labor costs 2.0% vs. 1.8% forecast

Published 09/08/2016, 13:30
© Reuters. U.S. unit labor costs 2.0% vs. 1.8% forecast
Investing.com - Unit labor costs in the U.S. rose unexpectedly in the last quarter, official data showed on Tuesday.

In a report, Bureau of Labor Statistics said that U.S. unit labor costs rose to a seasonally adjusted 2.0%, from -0.2% in the preceding quarter whose figure was revised down from 4.5%.

Analysts had expected U.S. unit labor costs to fall to 1.8% in the last quarter.

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