International Economic

Estimates of US labour cost growth revised lower

By Alexander Bueso

Date: Tuesday 10 Dec 2024

(Sharecast News) - Labour cost growth in the States over the half year ending in September undershot economists' forecasts, likely signalling that a further reduction in inflation was on the cards.
According to the US Department of Labor, in seasonally adjusted terms non-farm labour productivity increased at a quarterly annualised pace...

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