Thursday, March 04, 2010

Deflation data...

Highlighted below...the numbers (year over year changes) are self explanatory.

Quarterly: (4Q 09, 4Qprev., 3Q 09)

Real compensation -2.8% -1.9% -3.8%
Unit labor costs -5.9% -4.4% -7.6%

Year over year:
Real compensation -0.6% 0.7% 3.4%
Unit labor costs -4.7% -2.8% -2.7%

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