US employment cost index edges past forecasts
The US employment cost index increased by at a 0.7% quarter-on-quarter pace in the three months to September, according to the Department of Labour.
Versus a year ago it registered an increase of 2.2%.
Analysts had been expecting a rise of 0.5% for over the last quarter.
Wages and salaries for civilian workers registered a rise of 0.8% (2.1% year-on-year), while benefits gained 0.6%.