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US Q4 prelim unit labor costs +4.5% vs +4.3% expected

Discussion in 'Market News' started by ForexLive, Feb 4, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Fourth quarter labor costs and productivity - Prior unit labor costs +1.8% (revised to 1.9%) - Non-farm productivity -3.0% vs -2.0% - Prior productivity +2.2% (revised to 2.1%) There was a wide range of estimates on unit labor costs, from 1.9% to 5.8%. Similarly, productivity was forecast as high as +1.0% and as low as -3.5%.

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