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Employment Cost Index QoQ
The Employment Cost Index (ECI) QoQ in the USA measures the change in the cost of labor, including wages and benefits, for businesses on a quarterly basis. It is a crucial indicator of inflationary pressures from the labor market, influencing monetary policy decisions by the Federal Reserve. A higher-than-expected ECI can signal rising inflation, potentially leading to interest rate hikes, which can impact financial markets by affecting bond yields and stock prices. The ECI is closely watched by economists and investors as it provides insights into wage growth and the overall health of the labor market.Next Event
Dec 10, 2025
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0.9%
0.9%
Historical Data
Jul 31, 2025
0.9%
0.8%
Apr 30, 2025
0.9%
0.9%
Jan 31, 2025
0.9%
0.9%
Oct 31, 2024
0.8%
0.9%
Jul 31, 2024
0.9%
1%
Apr 30, 2024
1.2%
1%
Jan 31, 2024
0.9%
1%
Oct 31, 2023
1.1%
1%
Jul 28, 2023
1%
1.1%
Apr 28, 2023
1.2%
1.1%
Rows:
Historical Chart
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Importance
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CurrencyUSD
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Other Indicators
+3.88%
+4.00%
+7.00%
+4.11%
+4.40%
+0.07%