What to Expect From US Jobs, Earnings and Unemployment After Tax Reform


US Q4 employment cost index

0.6% vs 0.6% exp 0.7% prev

Compensation costs for civilian workers increased 0.6 percent, seasonally adjusted, for the 3-month period ending in December 2017, the U.S. Bureau of Labor Statistics reported today. Wages and salaries (which make up about 70 percent of compensation costs) increased 0.5 percent, and benefits (which make up the remaining 30 percent of compensation) increased 0.5 percent.