Investing.com - Unit labor costs in the U.S. rose more-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 2.7%, from -2.3% in the prior quarter whose figure was revised down from -1.0%.
Analysts had expected U.S. unit labor costs to rise to 1.0% in the last quarter.
In a report, Bureau of Labor Statistics said that U.S. unit labor costs rose to a seasonally adjusted 2.7%, from -2.3% in the prior quarter whose figure was revised down from -1.0%.
Analysts had expected U.S. unit labor costs to rise to 1.0% in the last quarter.