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 0.7%, from 0.3% in the preceding quarter.
Analysts had expected U.S. unit labor costs to remain unchanged at 0.3% in the last quarter.
In a report, Bureau of Labor Statistics said that U.S. unit labor costs rose to a seasonally adjusted 0.7%, from 0.3% in the preceding quarter.
Analysts had expected U.S. unit labor costs to remain unchanged at 0.3% in the last quarter.