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Employment Costs

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Concerns about inflationary pressures in the labor market have made the Employment Cost Index (ECI) one of the most anticipated economic indicators. However, the 1997:IQ release showed little indication of any labor market overheating.

Suggested citation: “Employment Costs,” Federal Reserve Bank of Cleveland, Economic Trends, no. 97-05, pp. 13, 05.01.1997.

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