Unit Labor Costs
The Unit Labor Cost, originating from the United States' Bureau of Labor Statistics, Department of Labor, signifies the complete cost of hiring a workforce. It functions as an indicator for production cost trends, share prices, and inflation. A high reading suggests a bullish trend for the USD, while a low one indicates a bearish trend.
Indicator history
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Historical Data
| Date | Actual | Previous | Deviation | Consensus |
|---|---|---|---|---|
| Mar 6, 2025 | 2.20% | 3.00% | -0.80 | 3.00% |
| Feb 6, 2025 | 3.00% | 0.80% | 2.20 | 3.80% |
| Dec 10, 2024 | 0.80% | 1.90% | -1.10 | 1.90% |
| Nov 7, 2024 | 2.40% | 0.40% | 2.00 | 0.50% |
| Sep 5, 2024 | 0.40% | 0.90% | -0.50 | 0.90% |
| Aug 1, 2024 | 3.80% | 4.00% | -0.20 | 1.80% |
| Jun 6, 2024 | 4.00% | 4.70% | -0.70 | 4.90% |
| May 2, 2024 | 0.00% | 0.40% | -0.40 | 3.20% |