{"id":435592,"date":"2026-08-06T19:30:22","date_gmt":"2026-08-06T12:30:22","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/us-q2-prelim-unit-labor-costs-1-3-vs-2-1-expected-435592\/"},"modified":"2026-08-06T19:30:22","modified_gmt":"2026-08-06T12:30:22","slug":"us-q2-prelim-unit-labor-costs-1-3-vs-2-1-expected","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/us-q2-prelim-unit-labor-costs-1-3-vs-2-1-expected-435592\/","title":{"rendered":"US Q2 prelim unit labor costs +1.3% vs +2.1% expected"},"content":{"rendered":"<div>\n<ul>\n<li>Prior was 2.3%<\/li>\n<li>Productivity +1.4% vs +0.6% expected<\/li>\n<li>Prior productivity was +0.8%<\/li>\n<\/ul>\n<p>This isn&#8217;t really a useful report because productivity is so hard to measure and it&#8217;s often revised many times. In theory, unit labor costs are a critical inflation number but it&#8217;s rarely a market mover because measuring it is so variable quarter-to-quarter.<\/p>\n<p>The dollar has much bigger questions to answer at the moment with all the intervention in the yen. The Treasury market also doesn&#8217;t like what it&#8217;s been hearing from Bessent.<\/p>\n<p>                            This article was written by Adam Button at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Prior was 2.3% Productivity +1.4% vs +0.6% expected Prior productivity was +0.8% This isn&#8217;t really a useful report because productivity is so hard to measure and it&#8217;s often revised many times. In&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-435592","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/435592","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=435592"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/435592\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=435592"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=435592"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=435592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}