As you can see from the chart below, labor costs are dropping rather dramatically.
Source: Bureau of Labor Statistics, Department of LaborSubscribe to All American Investor via Email
Saturday, March 14, 2009
Employment Cost Index (Chart)
The Employment Cost Index (ECI) measures whether employment costs are rising or falling. This is a vital measure of inflation/deflation of wages and employer-paid benefits. This is also a key component in the overall measure of future inflation. A rising indicator is worrisome, a falling indicator means labor cost are being contained.
As you can see from the chart below, labor costs are dropping rather dramatically.
Source: Bureau of Labor Statistics, Department of Labor
As you can see from the chart below, labor costs are dropping rather dramatically.
Source: Bureau of Labor Statistics, Department of Labor 
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