Friday, November 3, 2006

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

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 (388 views)
Please complete the required fields.



Add a comment

  • 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

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>