Employment Cost Index matches expectations in Q3, slips from Q2

Oct. 28, 2022 8:31 AM ETBy: Max Gottlich, SA News Editor

Closeup shot of an unrecognisable businesswoman calculating finances in an office

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  • Q3 Employment Cost Index: +1.2% Q/Q vs. +1.2% consensus and +1.3% in prior.
  • Wages and salaries rose 1.3% from September and benefit costs increased 1.0%
  • Compensation costs for civilian workers climbed 5.0% for the year ended September, up from +3.7% for the

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