{"id":34262,"date":"2022-06-02T23:11:03","date_gmt":"2022-06-02T23:11:03","guid":{"rendered":"https:\/\/harchi90.com\/labor-costs-rise-at-fastest-pace-in-40-years\/"},"modified":"2022-06-02T23:11:03","modified_gmt":"2022-06-02T23:11:03","slug":"labor-costs-rise-at-fastest-pace-in-40-years","status":"publish","type":"post","link":"https:\/\/harchi90.com\/labor-costs-rise-at-fastest-pace-in-40-years\/","title":{"rendered":"Labor Costs Rise at Fastest Pace in 40 Years"},"content":{"rendered":"
The labor costs in the US rose sharply in the first three months of the year, reflecting the highly inflationary environment and adding even more upward pressure on consumer prices.<\/p>\n
Unit labor costs jumped 12.6 percent in the first quarter, a big increase from the initial estimate of 11.6 percent, data from the Department of Labor showed Thursday. Economists had forecast no change from the initial estimate.<\/p>\n