QoQ Change in Quarterly Employment Cost Index in the US
United States| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The quarterly Employment Cost Index (ECI) measures the change in employment costs in the United States from one quarter to the next. This data is released quarterly by the U.S. Bureau of Labor Statistics (BLS) and evaluates total employment costs, including wages, salaries, and benefits.
The quarter-over-quarter data helps to understand how employment costs are fluctuating in the short term. If employment costs are increasing, it can indicate rising cost pressures for businesses and a potential increase in inflation risk. Conversely, if employment costs are decreasing, it may indicate decreasing cost pressures for businesses and a reduced risk of inflation.
This data serves as a reference for policymakers when assessing labor market trends and formulating appropriate economic policies. It is also a vital source of information for businesses and investors for understanding trends in employment costs and forecasting economic outlooks.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
