Forex Trading

ECI - Employment Cost Index

ECI - Employment Cost Index: Bureau of Labor and Statistics; The last Thursday of Apr, Jul, Nov and Jan, 8:30am EST

ECI - Employment Cost Index: Bureau of Labor and Statistics; The last Thursday of Apr, Jul, Nov and Jan, 8:30am EST, covers previous quarter data. The ECI tracks movement in the cost of labor which includes wages, fringe benefits, and bonuses for employees at all levels of involvement in the companies. The Bureau of Labor surveys over 3,000 private sector firms and over 500 local governments, schools and other public sector organizations. This indicator isn't the most watched, but it is among a select group of indicators that have enough power to move the markets, especially during inflationary times. The idea behind the ECI is that as wage pressures increase so does inflation. This is mainly because compensation tends to increase before companies increase prices for consumers (inflation).

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  • What are some important Employment Indicators?: Image Caption: Employment, job board Image: Teaser: learn more about economic employment indicators Body: Some of the employment indicators are as follows:- 1. Employment-To-Population ...
  • Employment Report: ... EST, covers previous month data Body: Employment Report - Department of Labor; The first Friday of each month, 8:30am ...

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