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In economics, things take longer to happen than you think they will, and then they happen faster than you thought they could.
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Tag Archives: Unit labor costs
Unit Labor Costs Hit 5-year High
Back in the day, before the Great Flood [of Liquidity] and the “world went mad,” the productivity and unit labor cost release could really move the stock market. I mean, really move the market. The connection is through expected margins and … Continue reading
Unit Labor Costs and Real Hourly Wages, 2011
Good stuff from the BLS providing informative insight on trends in U.S. labor costs and compensation, For 2011, in both the nonfarm business and manufacturing sectors, annual average growth in unit labor costs was revised upward; this was due to … Continue reading