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U.S. unit labor costs 4.5% vs. 3.9% forecast

Published 05/02/2016, 12:30 am
© Reuters. U.S. unit labor costs 4.5% vs. 3.9% forecast
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 4.5%, from 1.9% in the preceding quarter whose figure was revised up from 1.8%.

Analysts had expected U.S. unit labor costs to rise to 3.9% in the last quarter.

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