United States Unit Labor Costs q/q

Country: United States, USD
Importance:
Medium
Sector: Labor
Source: Bureau of Labor Statistics
Last release
Actual
1.8%
Forecast
2.3%
Previous
2.3%
Next release
Actual
Coming in 50 days
Forecast
0.4%
Previous
1.8%
Actual
Forecast
2 years 5 years All time
Date (GMT)
Reference
Actual
Forecast
3 Q 2023
-1.2%
-0.8%
3 Q 2023 prelim.
-0.8%
1.8%
2 Q 2023
2.2%
1.6%
2 Q 2023 prelim.
1.6%
-0.5%
1 Q 2023
4.2%
6.3%
1 Q 2023 prelim.
6.3%
8.4%
4 Q 2022
3.2%
1.1%
4 Q 2022 prelim.
1.1%
11.1%
3 Q 2022
2.4%
3.5%
3 Q 2022 prelim.
3.5%
3.9%
2 Q 2022
10.2%
10.8%
2 Q 2022 prelim.
10.8%
5.0%
1 Q 2022
12.6%
11.6%
1 Q 2022 prelim.
11.6%
3.2%
4 Q 2021
0.9%
0.3%
4 Q 2021 prelim.
0.3%
3.1%
3 Q 2021
9.6%
8.3%
3 Q 2021 prelim.
8.3%
2.2%
2 Q 2021
1.3%
1.0%
2 Q 2021 prelim.
1.0%
2.3%

Unit Labor Costs q/q shows the average change in the pay for labor in the given month compared to the previous one. It is considered to be a leading indicator of consumer inflation. Farming industry is excluded from the indicator calculation.

A faster than expected growth can have a positive effect on USD quotes.

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