But another data point in the report, something called unit labor costs, was revised lower. And that can tell us a lot about where inflation is headed. Think about unit labor costs as a ratio ...

Unit labor costs increased at a solid clip in the third quarter, other data from the Labor Department showed on Thursday. Economists said the strong rise in labor costs, which was accompanied by a ...

(Bloomberg) -- US labor costs grew at a surprisingly strong pace in the third quarter, and was much stronger than previously thought earlier this year, which risks fanning inflationary pressures.

(RTTNews) - A report released by the Labor Department on Thursday showed U.S. labor productivity and unit labor costs both increased by less than expected in the fourth quarter of 2024. The Labor ...

WASHINGTON, Dec 10 (Reuters) - U.S. unit labor costs grew far less than initially thought in the third quarter, pointing to a still favorable inflation outlook even though price increases have not ...

Unit labor costs - the price of labor per single unit of output - rose at a 1.9% rate in the July-September quarter. That followed a 2.4% pace of expansion in the second quarter. Labor costs ...

Unit labor costs, or what a business pays employees to produce one unit of output after taking into account changes in productivity, rose at a revised 4% annual rate, down from an initially ...

Unit costs are synonymous with the cost of ... These expenses are further divided into specific categories, such as direct labor costs and direct material costs. The former are the salaries ...