The Labor Department released its latest employment cost index, a quarterly report on how much employers are paying their employees, on Thursday. It showed that employment costs were up 0.8% in Q3.

Labour's above-inflation minimum wage rises and employment cost hikes are leaving many small business owners unable to pay ...

The numbers: The wages and benefits that companies pay their workers rose less than 1% for the second time in the past three quarters, reflecting the waning demand for labor in a slower-growing ...

Based on the Consumer Price Index, the cost of the basket of goods that (supposedly) we typically buy has risen by about 20% since 2020. To offset this “inflation tax,” compensation must rise by at ...

The numbers: The employment cost index rose 1.3% in the second quarter, down slightly from a 1.4% gain in the January-March quarter, the Labor Department said Friday. Economists polled by the Wall ...

Annual growth in US labor costs decelerated in the third quarter to the slowest pace in four years, adding to evidence that a softening job market is helping limit inflationary pressures. The ...