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Published on Friday, January 30, 2015 | Updated on Friday, January 30, 2015

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Employment Cost Index up 0.6% in 4Q14

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Summary

Wages and salaries rose 0.5% in 4Q14, benefits increased 0.6%. Increasing inconsistencies between ECI and average hourly earnings growth. Despite strength in ECI, wage inflation is expected to remain subdued in 2015

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