Free Trial

What to watch


Bearish Outlook


(M2) Watching Resistance


E-MINI S&P (M2): Southbound


On offer next week

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
By Sara Haire and Holly Stokes 
     WASHINGTON (MNI) - The following are the key points from the 
third quarter employment cost index report released Tuesday 
by the Bureau of Labor Statistics: 
     - Compensation costs for civilian workers increased 0.7% for the 
third quarter, as expected, and up from +0.5% last quarter. 
     - The Y/Y for the 12-month period ending in September 2017 saw a 
slight increase to 2.5% for compensation for civilian workers, up from 
the +2.4% seen in second quarter and +2.3% Y/Y seen in the third quarter 
of 2016. 
     - Wages and salaries increased 0.7% Q/Q, up from the 0.5% increase 
seen for the second quarter. Year-over-year was also up 2.5% from the 
+2.3% in the second quarter, and the +2.4% Y/Y seen in third quarter of 
     - Benefits increased 0.8% Q/Q, up from 0.6% in 2Q. Year-over-year 
slid slightly to +2.4% from +2.5% in 2Q, but remained above the +2.3% 
Y/Y in third quarter of 2016. 
     - Compensation cost increases for private industry workers for 
the 12-month period ending in September ranged from +1.9% for 
education and health services to +3.4% for leisure and hospitality.
 ** MNI Washington Bureau: 202-371-2121 ** 

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.