Sentences with phrase «employment cost index»

Although employment growth continues to be solid, and the just - released employment cost index shows an acceleration of wages from 2 % annually to 2.3 %, consumers are still cautious to go all in on the economy.
Discover the importance of Employment Cost Index (ECI) to Forex trading and market trends.
Elsewhere in economic data on Friday, the latest employment cost index showed that wages continue to rise for US consumers.
The Department of Labor's Employment Cost Index calculates that total compensation rose at an annual rate of 2.51 % in the third quarter of 2017.
The recent strong Employment Cost Index report, alongside robust permanent and temporary hiring surveys, suggest that there is a significant lack of qualified workers for hire at this point, or in other words, that labor markets are tightening.
Between 1989 and 2001, the benefits portion of the U.S. Department of Labor's employment cost index increased 48 percent for K - 12 education workers, compared with 67 percent for all private - sector white - collar employees.
The employment cost index — a more comprehensive measure of compensation, including wages and other benefits paid to employees — rose 2.3 % over the 12 months ended June 30.
Treasury yields rose following U.S. announcements of stronger - than - expected real GDP advance numbers, payrolls, and employment cost indexes.
Data are yearly changes in four BLS series: production, non-sup wages, weekly median earnings of ft workers, and Employment Cost Index, both compensation and wage components.
Surprisingly large values for the U.S. unemployment report, the employment cost index, and initial unemployment claims were associated with significant German rate declines.
Figure 14 shows the employment cost index measure of wages and salaries for private industry workers, excluding incentive - paid occupations.
Meanwhile, the employment cost index (ECI)-- which is compiled by the Bureau of Labor Statistics on a quarterly basis — suggested relatively solid 2.8 % gains in wages in the year to end - March.
The Employment Cost Index rose by 1 per cent in the June quarter and has increased by 4.4 per cent over the past year, driven by a particularly strong increase in growth in the private sector component.
The Bureau of Labor Statistics» (BLS) Employment Cost Index (ECI) is a quarterly release which gives information on the costs of labor for businesses in the United States.
Looking forward, I expect to see stronger wage gains in the near future, given the wage improvement that has been displayed by other indicators in recent quarters, such as the Employment Cost Index (ECI).
The employment cost index for private industry workers rose 0.7 % (2.8 % y / y) in Q1» 15, following a 0.5 % Q4 rise, revised from 0.6 %.
First comes tomorrow and it «s not GDP, it «s the employment cost index which is a very good measure of wage and benefit cost in the United States.
The employment cost index, a metric closely watched at the Federal Reserve, showed compensation cost for nongovernment workers up 2.7 percent, compared with 2.4 percent a year ago.
A broader measure of labour costs, the Employment Cost Index, has also picked up, but more slowly, reflecting moderation in non-wage labour costs.
What is an ECI or Employment Cost Index?
The employment indicators we will cover in this guide include two major employment indicators: the Employment Cost index and the Employment Report.
This includes the year - to - year improvement in private sector wages and salaries, as measured by the Employment Cost Index (ECI), which grew to 2.6 % as of the first quarter.
Indeed, the compensation component of the employment cost index grew 2.6 % from year - earlier levels in the first quarter of 2015, the largest increase since 2008.
This includes the year - to - year increase in private sector wages and salaries, as measured by the Employment Cost Index (ECI), which grew to 2.6 percent as of the first quarter.
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