This article was originally published on ETFTrends.com.
Wages and salaries climbed in the third quarter to its highest level in 10 years, beating out polled economists’ expectations with a 0.9% increase as opposed to the 0.5% forecasted. The Labor Department also reported that the employment cost index was 0.8% higher, narrowly beating estimates of 0.7% from a Refinitiv survey of economists. “Wages […]
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