Post Profile






Higher Wage Hope Hammered As American Worker Compensation Slumps

US labor productivity rose 3.0% QoQ in Q3, the biggest rise since Q3 2014. Great news, right? Not so much, as the rise in productivity comes at the expense of the wages of the American worker who saw unit labor costs (wages) decline 0.2% (against expectations of a 0.2% gain) - down for 2 straight quarters for the first time since 2014. Real compensation declined 1.1% YoY - falling for the fourth straight quarter.
read more

share

Related Posts


The Most Comprehensive Measure Of Worker Compensation Confirms Wages Are Rising

Business & Finance : Business Insider: Clusterstock

Unit labor costs (ULC) climbed by 0.6% in Q2. This is according to newly released data from the Bureau of Labor Statistics. This was below the 1.0% rate expected by economists. However, revisions to past data suggests wages are tren...

One of the biggest risks to stock prices could be great news for American workers (DIA, WMT, TJX, SPX, SPY, QQQ, IWM, TLT, TGT)

Business & Finance : Business Insider: Clusterstock

Rising wages for American workers could be bad news for US stocks. In a report to clients on Wednesday, Peter Sullivan and his team at HSBC took a look at the rising risk that higher wages for American workers could start eating awa...

American Worker Productivity Drops (Again)

Business & Finance : Zero Hedge

For the second quarter in a row, US worker productivity fell in Q1 (down 0.6% QoQ). Outside of 2015's weather-driven debacle, this is the weakest two quarter tumble in productivity since Q4 2012. Unit labor costs rose 4.5% QoQ in Q1...

What Wage Growth? Unit Labor Costs Decline Despite So-Called "Tight Labor Market"

Business & Finance : Zero Hedge

Despite all the hope for higher incomes spewing from within the various soft-surveys of individuals and businesses across America, Q2 saw unit labor costs decline 0.2% year-over-year - the second YoY drop in the last 3 quarters. Des...

US Worker Productivity Slumps At Worst Rate In 23 Years

Business & Finance : Zero Hedge

Despite a very modest beat of expectations US worker productivity fell for the 2nd quarter in a row (down 1.0% vs 1.3% QoQ), the two-quarter-average output per hour isdown 1.4% - the worst slump since 1993. Unit labor costs rose by ...

Comments


Copyright © 2016 Regator, LLC