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US Q2 unit labor costs +10.8% vs +9.5% expected

US Q2 unit labor costs +10.8% vs +9.5% expected

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Adam Button
09/08/2022 | 12:26 GMT
  • US second quarter unit labor cost and productivity data
US unit labor costs
  • Prior was +11.6% (revised to +12.7%)
  • Productivity -4.6% vs -4.7% expected
  • Prior productivity -7.5% (revised to -7.4%)

This highlights some of the inflationary pressures that businesses are facing.

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