The Labor Department released its latest employment cost index, a quarterly report on how much employers are paying their employees, on Thursday. It showed that employment costs were up 0.8% in Q3.

Based on the Consumer Price Index, the cost of the basket of goods that (supposedly) we typically buy has risen by about 20% since 2020. To offset this “inflation tax,” compensation must rise by at ...

The Employment Cost Index rose 0.9% in Q1 2025, the matching the consensus and holding steady from Q4 2024, according to data released by the U.S. Bureau of Labor Statistics on Wednesday. For the ...

The numbers: The cost of labor for U.S. companies accelerated in the first quarter at the fastest pace in a year and a half, complicating the Federal Reserve’s effort to get inflation fully under ...

US labour costs accelerated in the first quarter, led by the government sector. Hikes to state minimum wage levels contributed to higher private sector labour costs. This is the Federal Reserve’s ...

Annual growth in US labor costs decelerated in the third quarter to the slowest pace in four years, adding to evidence that a softening job market is helping limit inflationary pressures. The ...