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Page 12 - எங்களுக்கு தொழிலாளர் துறை ஆன் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Jump in post-Covid U S labor costs seen in second quarter

Jump in post-Covid U.S. labor costs seen in second quarter Robert Besser 03 Aug 2021, 15:03 GMT+10 The cost of labor in the United States rose significantly in Q2 as firms increased salaries and offered perks to fill jobs. A 0.7 percent increase was recorded in the Employment Cost Index in the last quarter, following a 0.9-percent gain in Q1, according to the U.S. Labor Department. This pushed up the twelve-month rate to reach 2.9 percent, the highest since 2018 Q4. WASHINGTON D.C.: The cost of labor in the United States rose significantly in Q2 as firms increased salaries and offered perks to fill jobs, thereby stoking fears of long-term inflation in the midst of restraints in supplies.

U S businesses struggle with increased labor costs after Covid

U.S. businesses struggle with increased labor costs after Covid 03 Aug 2021, 15:03 GMT+10 WASHINGTON D.C.: The cost of labor in the United States rose significantly in Q2 as firms increased salaries and offered perks to fill jobs, thereby stoking fears of long-term inflation in the midst of restraints in supplies. A 0.7 percent increase was recorded in the Employment Cost Index in the last quarter, following a 0.9-percent gain in Q1, according to information released by the U.S. Labor Department on July 30. This pushed up the twelve-month rate to reach 2.9 percent, the highest since 2018 Q4, as compared to the Q1 figure of 2.6 percent.

US retail sales smash expectations to surge above pre-pandemic levels

US retail sales smash expectations to surge above pre-pandemic levels
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