Sentences with phrase «rising unit labor»
The improved employment situation supported by rising unit labor costs is pushing the core inflation rate higher.
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The improved employment situation supported by rising unit labor costs is pushing the core inflation rate higher.
Not exact matches
With the economy already at full employment and more and more signs of higher wage and unit labor cost inflation, the risks are rising that it will be PCE moving up to CPI.
Chart 5 below highlights that despite its well - known productivity growth, unit labor costs are on the rise as wage growth has outpaced that of productivity.
US worker productivity is falling, as well, as unit labor costs rise.
Revised Q3 data show labor productivity among nonfarm firms rose 3.0 % annualized in the quarter and unit labor costs fell 1.5 %.
Unit labor costs, an important component of core inflations, are rising at more than 3 %.