The US Employment Cost IndexEmployment Cost Index refers to the Employment Cost Index (ECI) is an economic indicator that measures changes in the cost of labor, including wages, salaries, and benefits. The...Read More rose 0.8% in the third quarter of 2026, down from 0.9% in the previous quarter, the Bureau of Labor Statistics said on 30 October. Wages and salaries increased 0.7% over the quarter, benefits rose 0.9%, and total compensation was up 3.4% year on year.
US labour compensation costs increased by 0.8% in the third quarter of 2026, easing slightly from the previous quarter's 0.9% rise. Wages and salaries grew 0.7%, while employee benefit costs climbed 0.9%. Annual compensation growth stood at 3.4%, indicating continued but moderating labour cost pressures. The figures provide an important signal for the Federal ReserveFederal Reserve refers to the Federal Reserveis the central bank of the United States. The term belongs in Level 7 because it helps connect macro conditions, policy, or another...Read More as policymakers assess wage-driven InflationA broad rise in prices that reduces money’s purchasing power. Central banks watch inflation because it affects interest-rate decisions.Read More and the outlook for interest rates.
