Track US Revised Unit Labor Costs q/q to gauge workforce expense trends and inflationary pressures in the economy.
This data is presented in an annualized format, derived from quarterly changes multiplied by four. The 'Previous' value corresponds to the 'Actual' figure from the Preliminary release, which may cause the 'History' data to appear disconnected. There are two versions of this report, released a month apart: Preliminary and Revised. The Preliminary release, being the first, typically exerts the most influence;
What it Measures
Annualized change in labor costs for businesses, excluding the agricultural sector;
Usual Effect
'Actual' results exceeding 'Forecast' tend to be positive for the currency;
Source & Frequency
Bureau of Labor Statistics (latest release) - https://www.bls.gov/ • Published quarterly, approximately 65 days following the conclusion of the quarter;
How Data is Derived
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Also Known As
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Acronym
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