Friday, Nov 03, 2006

US labour costs rising at fastest pace for quarter of a century

TimesOnline: Surge in US labour cost brings new fear of inflation

Further disturbing evidence from the US that inflation is awaking from its slumber. Unit labour costs measure the cost to the employer of wage and other costs for each unit of production and are rising at their fastest pace for 25 years. When production rises this helps offset the cost of wage rises and benefits but when productivety is flat, as it is currently the costs must be carried by the employer which is typically handed down to the consumer.

Posted by denzil @ 03:07 PM (357 views)
Add Comment
Report Article

No comments have been submitted.

Be the first person to add your comment by completing the form below.

Add comment

  • If you do not have an admin password leave the password field blank.
  • If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines
Username  
Admin Password
Email Address
Comments

Main Blog | Archive | Add Article | Blog Policies