120
In the second quarter of 2022, unit labor costs in the United States rose by 10.2%. This is what emerges from the revision of the figure which, in the preliminary reading, was given an increase of 10.8%.
The unit labor cost, among the parameters that measure the inflation trend, rose at a slower pace than the consensus expected, equal to a growth of 10.7%, slowing the pace compared to the jump in the first quarter of 12, 7%, but staying above 10%.
Also in the second quarter, US productivity fell 4.1%, less than the estimated 4.5% decline and after the 7.4% decline in the first quarter.