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U.S. unit labor costs 0.3% vs. 1.3% forecast

Published 2016-11-03, 08:30 a/m
© Reuters. U.S. unit labor costs 0.3% vs. 1.3% forecast
Investing.com - Unit labor costs in the U.S. fell more-than-expected in the last quarter, official data showed on Thursday.

In a report, Bureau of Labor Statistics said that U.S. unit labor costs fell to a seasonally adjusted 0.3%, from 3.9% in the preceding quarter whose figure was revised down from 4.3%.

Analysts had expected U.S. unit labor costs to fall to 1.3% in the last quarter.

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