Investing.com - Unit labor costs in the U.S. rose unexpectedly in the last quarter, official data showed on Wednesday.
In a report, Bureau of Labor Statistics said that U.S. unit labor costs rose to a seasonally adjusted 1.8%, from 1.4% in the preceding quarter.
Analysts had expected U.S. unit labor costs to fall to 1.1% in the last quarter.
In a report, Bureau of Labor Statistics said that U.S. unit labor costs rose to a seasonally adjusted 1.8%, from 1.4% in the preceding quarter.
Analysts had expected U.S. unit labor costs to fall to 1.1% in the last quarter.