Unit labor costs, or what a business pays employees to produce one unit of output, increased at a 0.8% annualized rate from July through September, following an revised 1.1% decrease in the prior ...

US third-quarter labor costs grew less than initially estimated after a downwardly revised decline in the prior three months, adding to evidence the job market is no longer a source of ...

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 moderated much in recent months.

Labor costs increased at a 3.4% rate from a year ago. The Federal Reserve is later on Thursday expected to cut interest rates again, this time by a quarter of a percentage point to the 4.50%-4.75% ...

WASHINGTON, Oct 26 (Reuters) - The U.S. economy likely grew in the third quarter at its fastest pace of any quarter in nearly two years, again defying dire warnings of a recession, as higher wages ...

Productivity increased 2.2% in the third quarter, which is pretty strong by historical standards. But another data point in the report, something called unit labor costs, was revised lower .

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 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.

Economists polled by Reuters had expected labor costs growth would be revised down to a 1.5% rate from the previously reported 1.9% pace in the July-September quarter.

Economists polled by Reuters had expected labor costs growth would be revised down to a 1.5% rate from the previously reported 1.9% pace in the July-September quarter.