-
The Euro (EUR) is extending its latest consolidation and trading within a tight range in the mid/lower-1.16 area, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report.
-
CAD steady ahead of BoC decision and Macklem remarks – Scotiabank
The Canadian Dollar (CAD) is little changed. The Bank of Canada (BoC) policy decision is a statement only affair today at 9.45ET, with Gov. Macklem speaking 45 minutes later to finesse messaging, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. -
China consumer inflation hits near two-year high despite deeper-than-expected producer deflation
Economists warned that deflationary pressure on the world’s second largest economy will persist into next year, calling for fresh policy stimulus to spur demand. -
Former GitLab CEO raises money for Kilo to compete in crowded AI coding market
Kilo Code, which makes a vibe coding extension, was founded by former GitLab CEO Sid Sijbrandij. -
Russell 2000 ETF $IWM Soars 11% from blue box area, with $258 target still ahead
In today’s article, we’ll examine the recent performance of Russell 2000 ETF ($IWM) through the lens of Elliott Wave Theory. We’ll review how the powerful rally from the November 2025 low unfolded as a textbook 5-wave impulse and discuss our evolving forecast for the next move. -
The Fed meeting is likely to feature a rate cut and a lot more. Here’s what to expect
The central bank is poised to deliver its third straight interest rate cut Wednesday, while firing a warning shot about what’s ahead. -
Online grocer Thrive Market bails on booze, bets big on alcohol-free boom
Thrive Market is leaning into alcohol-free beverages as more Americans stop drinking booze. -
Social Security beneficiaries’ tax bills may change due to recent legislation. What to know
New laws enacted in 2025 may impact just how much federal taxes Social Security beneficiaries owe on their benefit income. Here’s how experts say to plan. -
US employment cost index for Q3 0.8% versus 0.9% estimate
- Prior quarter of 0.9%
- Employment cost index 0.8% versus 0.9% estimate.
- Employment benefits 0.8% versus 0.7% prior quarter
- Wages 0.8% versus 1.0% per quarter
YoY data shows:
-
Civilian worker compensation: +3.5%
-
Wages & salaries: +3.5%
-
Benefits: +3.5%
-
-
Private industry compensation: +3.5%
-
Wages & salaries: +3.6%
-
Benefits: +3.5%
-
Real (inflation-adjusted) wages: +0.6%
-
-
State & local government compensation: +3.6%
-
Wages & salaries: +3.5%
-
Benefits: +3.8%
-
Real (inflation-adjusted) wages: +0.5%
-
Employment costs continued to rise steadily in the third quarter of 2025, with civilian compensation increasing 0.8% from June to September and up 3.5% over the past year. Wages, salaries, and benefits each rose at the same 0.8% quarterly pace. Year-over-year, compensation growth held at 3.5% for both civilian and private-sector workers, with private-sector wages up 3.6% and real wages improving modestly by 0.6%. State and local government compensation increased 3.6% over the year, supported by a 3.8% rise in benefits and a 0.5% gain in real wages. This release was delayed more than five weeks due to the federal government shutdown, which reduced survey response rates. The next ECI report, covering the December 2025 period, will be released on February 10, 2026.
The good news is the YoY Employment numbers are keeping ahead of the CPI inflation which is around 3.0%. So real wages are higher.
This article was written by Greg Michalowski at investinglive.com.
-
United States Employment Cost Index below expectations (0.9%) in 3Q: Actual (0.8%)
United States Employment Cost Index below expectations (0.9%) in 3Q: Actual (0.8%)
End of content
End of content
