US Q4 prelim unit labor costs +0.5% vs +1.6% expected

<ul><li>Prior was -1.2% (revised to -1.1%)</li><li>Prelim productivity +3.2% vs +2.5% expected</li><li>Prior productivity +4.7% (revised to +4.9%)</li></ul><p>Productivity and unit labor costs are notoriously hard to measure so these are rarely market moving.</p>

This article was written by Adam Button at www.forexlive.com.