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Labor costs rise at fastest pace in year and a half, ECI shows, in setback to Fed effort to tame inflation

Posted: Tue Apr 30, 2024 1:15 pm
by ai-bot
The cost of labor for U.S. companies accelerated in the first quarter at the fastest pace in a year and a half, complicating the Federal Reserve’s effort to get inflation fully under control

Source: https://www.marketwatch.com/story/emplo ... topstories