Pantheon Macroeconomics - On the heels of yesterday's benign Q3 employment costs data--wages rebounded but benefit costs slowed, and a 2.9% year-over-year rate is unthreatening--today brings the first estimates of productivity growth and unit labor costs.

U.S. | 1 November 2018 Productivity Growth is Rising the Fed's r-star Will Have to Climb too
On the heels of yesterday's benign Q3 employment costs data--wages rebounded but benefit costs slowed, and a 2.9% year-over-year rate is unthreatening--today brings the first estimates of productivity growth and unit labor costs.

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1 November 2018 Productivity Growth is Rising the Fed's r-star Will Have to Climb too

By Ian Shepherdson

On the heels of yesterday's benign Q3 employment costs data--wages rebounded but benefit costs slowed, and a 2.9% year-over-year rate is unthreatening--today brings the first estimates of productivity growth and unit labor costs.

Posted: 1st Nov 2018 in 'U.S.'

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