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 1.4%, from -4.2% in the preceding quarter whose figure was revised up from -4.3%.
Analysts had expected U.S. unit labor costs to rise to 1.2% in the last quarter.
In a report, Bureau of Labor Statistics said that U.S. unit labor costs rose to a seasonally adjusted 1.4%, from -4.2% in the preceding quarter whose figure was revised up from -4.3%.
Analysts had expected U.S. unit labor costs to rise to 1.2% in the last quarter.