Investing.com - The U.S. employment cost index rose unexpectedly in the last quarter, official data showed on Friday.
In a report, Bureau of Labor Statistics said that U.S. employment cost index rose to a seasonally adjusted 0.5%, from 0.4% in the preceding quarter.
Analysts had expected U.S. employment cost index to remain unchanged at 0.4% in the last quarter.
In a report, Bureau of Labor Statistics said that U.S. employment cost index rose to a seasonally adjusted 0.5%, from 0.4% in the preceding quarter.
Analysts had expected U.S. employment cost index to remain unchanged at 0.4% in the last quarter.