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Gregory Daco
gregdaco.bsky.social
did:plc:knylkw6bvkf2qtl2tckcvz5n
Don't be fooled, Employment Cost Index points to cooling private sector wage growth
📊ECI +0.9% q/q in Q1 2026
✅Wage & salaries +0.8%
✅Benefits +1.2% (bonus)
💰Wages & salaries
🔶Private +0.7% q/q (soft)
📉Wage inflation
↔️ECI 3.4% y/y (flat)
↔️Private wages 3.4% (flat)
2026-04-30T14:33:58.477Z