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United States Employment Cost Index QoQ

Discussion in 'Market News' started by Jonathan, Oct 7, 2015.

  1. Jonathan

    Jonathan Forum Member

    Aug 29, 2015
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    Wages and salaries in the United States increased 0.20 percent in the second quarter of 2015 compared to 0.70 percent growth in the first quarter of 2015. It is the smallest advance since records began in 1982. Employment Cost Index in the United States averaged 0.78 Percent from 1982 until 2015, reaching an all time high of 1.60 Percent in the third quarter of 1982 and a record low of 0.20 Percent in the second quarter of 2015. Employment Cost Index in the United States is reported by the U.S. Department of Labor. Employment Cost Index measures the growth of employee compensation (wages and benefits). The ECI is based on a survey of employer payrolls in the final month of each quarter. The index tracks movement in the cost of labor, including wages, fringe benefits and bonuses for employees at all levels of a company. This page provides - United States Employment Cost Index- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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