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FeaturedFinanceINDUSTRY news

Q4 Employment Cost Index Rises 3.4%, Marking Slowest Compensation Growth Since 2021

Wells Fargo Economics says labor costs remain in a “Goldilocks zone” as wage pressures ease and benefit growth moderates As policymakers weigh the...

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AECFeaturedFinanceINDUSTRY news

Construction Labor Costs Rise 3.8% Despite Broader Economic Cooling

Employment Cost Index shows construction bucking trend of moderating wage growth in Q3 The construction industry is charting its own course in the...

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FeaturedFinanceINDUSTRY news

Employment Cost Index Rises 3.5% Year-Over-Year in Q3, Slowest Growth Since Mid-2021

Quarterly wage and benefit increases moderate to 0.8 percent as labor market cooling reduces pressure on employers to raise compensation The cooling trend...

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FeaturedFinanceINDUSTRY news

Labor Market Holds Firm in April, But Cracks Emerge Amid Policy Uncertainty

The U.S. labor market demonstrated continued resilience in April, with nonfarm payrolls rising by 177,000, according to the latest Wells Fargo Economics report....

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