Private Labor Costs Rose 3.3%, but Real Wage Growth Fell 0.4%
BLS data shows private employers paid more for labor, but inflation-adjusted wages fell 0.4% as hiring slowed and layoffs stayed historically low.
Jobs and Hiring
-
-
UI claims dip for late June: initial filings fall, insured rate steady
United States Jobs and Hiring Watch – New DOL/ETA weekly unemployment insurance data show initial claims edged down for June 27, while the insured rate stayed at 1.2%.
