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Human101948

(3,457 posts)
Fri Jan 29, 2016, 10:37 AM Jan 2016

No change in fourth quarter--one percenters killing the middle class with wage stagnation...

Cost of employing U.S. workers shows few signs of acceleration

WASHINGTON (MarketWatch) — An index that measures the price of U.S. labor rose modestly in the fourth quarter, but showed little sign of marked acceleration.

The employment cost index increased 0.6% from October through December, the Bureau of Labor Statistics said Friday.

Economists surveyed by MarketWatch had expected a seasonally adjusted 0.6% gain.


The ECI is a closely followed gauge that reflects how much companies, governments and nonprofit institutions pay their employees in wages and benefits.

http://www.marketwatch.com/story/cost-of-employing-us-workers-rises-mildly-in-fourth-quarter-2016-01-29?link=MW_home_latest_news
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