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U.S. unit labor costs 4.1% vs. 3.3% forecast

Published 2016-05-04, 08:30 a/m
© Reuters. U.S. unit labor costs 4.1% vs. 3.3% forecast
Investing.com - Unit labor costs in the U.S. rose unexpectedly in the last quarter, official data showed on Wednesday.

In a report, Bureau of Labor Statistics said that U.S. unit labor costs rose to a seasonally adjusted 4.1%, from 2.7% in the preceding quarter whose figure was revised down from 3.3%.

Analysts had expected U.S. unit labor costs to remain unchanged at 3.3% in the last quarter.

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