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LATEST NEWS
PUBLISHED
August 6, 2026
US productivity rises faster than expected in second quarter
Reuters reports that US nonfarm productivity grew at a 1.4% annualized pace in the second quarter, beating forecasts, which helped keep unit labor cost growth muted and wage-driven inflation pressure contained.
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PUBLISHED
July 31, 2026
US labor costs rise in second quarter as private sector wages grow
The Employment Cost Index rose 0.9% in the second quarter, slightly above expectations, as private-sector wage growth picked up — though the trend suggests the jobs market is not driving inflation.
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PUBLISHED
July 31, 2026
U.S. labor costs increase in second quarter as wage growth picks up
Coverage of the Q2 Employment Cost Index release: the broadest gauge of US labor costs climbed 0.9% for a second straight quarter and 3.4% over the past year, a touch above economists' forecasts as private-sector wages firmed.
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