Markets

Labor Costs Jump by Most in 2 Decades, Adding to Inflationary Surge1 min read

Apr 29, 2022 < 1 min

Labor Costs Jump by Most in 2 Decades, Adding to Inflationary Surge1 min read

Reading Time: < 1 minute

Both the employment cost index (ECI) and personal consumption expenditures (PCE) price index accelerated in the first quarter, adding inflationary pressure.

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