Unit Labor Costs

The Unit Labor Cost released by the Bureau of Labor Statistics, Department of Labor shows a total cost of employing a labor force. It can serve as an indicator of trends in production costs, share prices, and inflation. A high reading is seen as positive (or bullish) for the USD, whereas a low reading is seen as negative ,or bearish.

Most recent - Thursday 7 November 2024 13:30

Previous
2.4%
Revised
2.4%
Forecast
0.5%
Actual
1.9%

Higher numbers than forecast tend to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.

Next event - Tuesday 10 December 2024 13:30

Previous
-
Forecast
-
Actual
-

The typical/expected impact on USD pairs is medium.

There is no forecast value for Unit Labor Costs yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Unit Labor Costs was 1.9% against a forecast of 0.5%.

Past events

Date
Forecast
Actual
Thursday 7 November 2024 13:30
0.5%
1.9%
Thursday 5 September 2024 12:30
0.9%
0.4%
Thursday 1 August 2024 12:30
1.8%
0.9%
Thursday 6 June 2024 12:30
4.9%
4%
Thursday 2 May 2024 12:30
3.2%
4.7%
Thursday 7 March 2024 13:30
0.6%
0.4%
Thursday 1 February 2024 13:30
1.7%
0.5%
Wednesday 6 December 2023 13:30
-0.9%
-1.2%
Thursday 2 November 2023 12:30
0.7%
-0.8%
Thursday 7 September 2023 12:30
1.6%
2.2%
Thursday 3 August 2023 12:30
2.6%
1.6%
Thursday 1 June 2023 12:30
6%
4.2%
Thursday 4 May 2023 12:30
5.5%
6.3%
Thursday 2 March 2023 13:30
1.6%
3.2%
Thursday 2 February 2023 13:30
1.5%
1.1%
Wednesday 7 December 2022 13:30
3.2%
2.4%
Thursday 3 November 2022 12:30
4.1%
3.5%
Thursday 1 September 2022 12:30
10.7%
10.2%
Tuesday 9 August 2022 12:30
9.5%
10.8%
Thursday 2 June 2022 12:30
11.6%
12.6%
Thursday 5 May 2022 12:30
9.9%
11.6%
Thursday 3 March 2022 13:30
0.3%
0.9%
Thursday 3 February 2022 13:30
1.5%
0.3%
Tuesday 7 December 2021 13:30
8.4%
9.6%

Economic context

Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next Unit Labor Costs result:

PreviousLatest
Building Permits (MoM)Bearish change1.425M-0.6M
Housing Starts (MoM)Bearish change1.353M1.311M
Industrial Production (MoM)Bullish change-0.5%-0.3%
NY Empire State Manufacturing IndexBullish change-11.931.2
Retail Sales (MoM)Bearish change0.8%0.4%
Retail Sales Control GroupBearish change1.2%-0.1%
Retail Sales ex Autos (MoM)Bearish change1%0.1%
Initial Jobless ClaimsBullish change221K217K
Producer Price Index (MoM)Bullish change0.1%0.2%
Producer Price Index (YoY)Bullish change1.9%2.4%
Producer Price Index ex Food & Energy (MoM)Bullish change0.2%0.3%
Producer Price Index ex Food & Energy (YoY)Bullish change2.9%3.1%
Monthly Budget StatementBearish change$64.7B$-257B
Consumer Price Index (MoM)(no change)0.2%0.2%
Consumer Price Index (YoY)Bullish change2.4%2.6%
Consumer Price Index ex Food & Energy (MoM)(no change)0.3%0.3%
Consumer Price Index ex Food & Energy (YoY)(no change)3.3%3.3%
Michigan Consumer Sentiment IndexBullish change70.573
UoM 5-year Consumer Inflation ExpectationBullish change3%3.1%
Fed Interest Rate DecisionBearish change5%4.75%
Initial Jobless ClaimsBearish change218K221K
Nonfarm ProductivityBullish change2.1%2.2%

About Unit Labor Costs

Country:United States
Currency:USD
Source:US Bureau of Labor Statistics
Category:Labor Market
Frequency:Quarterly
Continue to site >

Personal Trade Copier

Trade Mirror

Trading Simulator

Figaro App Suite

Publisher EA

Figaro Connector EA

All Trader Downloads

All Developer Downloads

Currency Strength

Trader Sentiment

Price Alerts

Mini Charts

Premium Charting

Market Scanner

All Tools

Next High Impact Events

Week View

Next 24 Hours

Session Map

Chart View

Future Events

Past Events

Big Market Movers

Compare Brokers

Broker Offers

Market Analysis

Price Action News

Broker News

Example Analysis

Widgets

FAQ

Statement

Stats

Risk analysis

Widgets

Portfolio

FAQ

Please Log In
Not yet a user?