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U.S. unit labor costs 0.6% vs. 1.4% forecast

Published 08/08/2014, 13:30
Updated 08/08/2014, 13:35
U.S. unit labor costs 0.6% vs. 1.4% forecast
Investing.com - Unit labor costs in the U.S. fell more-than-expected in the last quarter, official data showed on Friday.

In a report, Bureau of Labor Statistics said that U.S. unit labor costs fell to a seasonally adjusted 0.6%, from 11.8% in the prior quarter whose figure was revised up from 5.7%.

Analysts had expected U.S. unit labor costs to fall to 1.4% in the last quarter.

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