US employment cost index for 4Q 1.0% vs 1.2% estimate

Employment cost index for 4Q

US employment cost index for 4Q 1.0% versus 1.2% estimate
prior 3Q gains was 1.3%
employment wages 1.1% versus 1.5% previously
employment benefits 0.9% versus 0.9% previously
YoY employment costs rose 4.0% vs 2.5% in 2020
Wages and s