{"id":435191,"date":"2026-07-31T20:48:41","date_gmt":"2026-07-31T13:48:41","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/us-q2-employment-cost-index-0-9-vs-0-8-expected-435191\/"},"modified":"2026-07-31T20:48:41","modified_gmt":"2026-07-31T13:48:41","slug":"us-q2-employment-cost-index-0-9-vs-0-8-expected","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/us-q2-employment-cost-index-0-9-vs-0-8-expected-435191\/","title":{"rendered":"US Q2 Employment Cost Index +0.9% vs +0.8% expected"},"content":{"rendered":"<div>\n<ul style=\"box-sizing: inherit; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-weight: 400; font-stretch: inherit; line-height: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-language-override: inherit; vertical-align: baseline; border: 0; margin: 0 0 20px; padding: 0 0 0 19px; font-family: Inter, InterFallback, serif; list-style: outside; text-indent: -3px; color: rgba(0, 0, 0, 1); letter-spacing: normal; orphans: 2; text-transform: none; widows: 2; word-spacing: 0; white-space: normal; background-color: rgba(255, 255, 255, 1); text-decoration-style: initial; text-decoration-color: initial; font-size: 16px\">\n<li style=\"box-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-language-override: inherit; vertical-align: baseline; border: 0; margin: 0 0 4px; padding: 0\">Prior was +0.9%<\/li>\n<li style=\"box-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-language-override: inherit; vertical-align: baseline; border: 0; margin: 0 0 4px; padding: 0\">Wages q\/q +0.9% vs +0.8% prior<\/li>\n<li style=\"box-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-language-override: inherit; vertical-align: baseline; border: 0; margin: 0 0 4px; padding: 0\">Benefits q\/q +1.0% vs +1.2% prior<\/li>\n<\/ul>\n<p>The U.S. Employment Cost Index showed labor costs continued to rise at a steady pace in the second quarter of 2026. For all civilian workers, total compensation increased 0.9% in the three months through June, matching gains in both wages and salaries (0.9%) while benefit costs rose slightly faster at 1.0%. On a year-over-year basis, compensation increased 3.4%, with wages and salaries up 3.2% and benefits rising 3.8%.<\/p>\n<p>Within the private sector, compensation also advanced 0.9% during the quarter, as wages and salaries and benefit costs both increased 0.9%. Compared with a year earlier, private-sector compensation rose 3.3%, reflecting a 3.1% increase in wages and salaries and a 3.8% gain in benefits.<\/p>\n<p>Despite continued nominal wage growth, inflation-adjusted wages and salaries for private-industry workers fell 0.4% over the year, indicating that consumer price increases slightly outpaced wage gains. <\/p>\n<p>                            This article was written by Giuseppe Dellamotta at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Prior was +0.9% Wages q\/q +0.9% vs +0.8% prior Benefits q\/q +1.0% vs +1.2% prior The U.S. Employment Cost Index showed labor costs continued to rise at a steady pace in the&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-435191","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/435191","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=435191"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/435191\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=435191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=435191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=435191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}