US employment costs for Q2 1.0% versus 1.1% expected

<ul><li>Prior quarter 1.2%</li><li>Employment costs 1.0% versus 1.1% expected</li><li>Benefits 0.9% vs 1.2% last quarter</li><li>Wages +1.0% versus 1.2% last month</li></ul><p>Looking at the chart, the employment costs remain in the upper end of the recent history going back to 2019, but that is near the low of the upper extreme.</p>

This article was written by Greg Michalowski at www.forexlive.com.