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Dakar 2017
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Unit Labor Cost

Unit Labor Cost USA

Indicator Unit Labor Cost measures expenses linked to production of one unit. It is a very important indicator as it characterizes the effectiveness of the country’s economic development. Unit Labor Cost (USA) has significant forex market influence. It is a good indicator of the developments of inflation processes related to the salary rates increases. This indicator’s analysis is presented in context with values that reflect the Productivity Index. An increase in both these indicators may lead to the necessity to increase major interest rates, which is a positive factor for the US dollar rate growth. The data is published on a quarterly basis in the first decade of the publication month along with Productivity.

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