Every release since 29 Jan 2016: 44 on record, actual against forecast. Medium impact for the USD. Updated within the hour of each release.
The last US Employment Cost Index QoQ (Q3 2026, released 30 Oct 2026) came in at 0.8%, in line with the 0.8% forecast; the previous reading was 0.9%.
Since 2016, US Employment Cost Index QoQ has come in above forecast 30% of the time and below 25% (44 releases with a forecast); over the last 12 it beat 25%.
The average miss against forecast over the last 24 releases was 0.1%: higher than expected is good for the USD.
| Released | Period | Actual | Forecast | Previous | Vs forecast |
|---|---|---|---|---|---|
| 30 Oct 2026 08:30 | Q3 2026 | 0.8% | 0.8% | 0.9% | in line |
| 31 Jul 2026 08:30 | Q2 2026 | 0.9% | 0.8% | 0.9% | above |
| 30 Apr 2026 08:30 | Q1 2026 | 0.9% | 0.8% | 0.7% | above |
| 10 Feb 2026 08:30 | Q4 2025 | 0.7% | 0.8% | 0.8% | below |
| 10 Dec 2025 08:30 | Q3 2025 | 0.8% | 0.9% | 0.9% | below |
| 31 Jul 2025 08:30 | Q2 2025 | 0.9% | 0.8% | 0.9% | above |
| 30 Apr 2025 08:30 | Q1 2025 | 0.9% | 0.9% | 0.9% | in line |
| 31 Jan 2025 08:30 | Q4 2024 | 0.9% | 0.9% | 0.8% | in line |
| 31 Oct 2024 08:30 | Q3 2024 | 0.8% | 0.9% | 0.9% | below |
| 31 Jul 2024 08:30 | Q2 2024 | 0.9% | 1% | 1% | below |
| 30 Apr 2024 08:30 | Q1 2024 | 1% | 1% | 0.9% | in line |
| 31 Jan 2024 08:30 | Q4 2023 | 0.9% | 1% | 1.1% | below |
| 31 Oct 2023 08:30 | Q3 2023 | 1.1% | 1% | 1.1% | above |
| 28 Jul 2023 08:30 | Q2 2023 | 1.1% | 1.1% | 1% | in line |
| 28 Apr 2023 08:30 | Q1 2023 | 1% | 1.1% | 1.2% | below |
| 31 Jan 2023 08:30 | Q4 2022 | 1.2% | 1.1% | 1.2% | above |
| 28 Oct 2022 08:30 | Q3 2022 | 1.2% | 1.2% | 1.3% | in line |
| 29 Jul 2022 08:30 | Q2 2022 | 1.3% | 1.2% | 1.3% | above |
| 29 Apr 2022 08:30 | Q1 2022 | 1.3% | 1.1% | 1.2% | above |
| 28 Jan 2022 08:30 | Q4 2021 | 1.2% | 1.2% | 1.2% | in line |
| 29 Oct 2021 08:30 | Q3 2021 | 1.2% | 0.9% | 0.7% | above |
| 30 Jul 2021 08:30 | Q2 2021 | 0.7% | 0.9% | 0.8% | below |
| 30 Apr 2021 08:30 | Q1 2021 | 0.8% | 0.7% | 0.8% | above |
| 29 Jan 2021 08:30 | Q4 2020 | 0.8% | 0.5% | 0.5% | above |
| 30 Oct 2020 08:30 | Q3 2020 | 0.5% | 0.5% | 0.5% | in line |
| 31 Jul 2020 08:30 | Q2 2020 | 0.5% | 0.6% | 0.8% | below |
| 30 Apr 2020 08:30 | Q1 2020 | 0.8% | 0.6% | 0.7% | above |
| 31 Jan 2020 08:30 | Q4 2019 | 0.7% | 0.7% | 0.7% | in line |
| 31 Oct 2019 08:30 | Q3 2019 | 0.7% | 0.7% | 0.7% | in line |
| 31 Jul 2019 08:30 | Q2 2019 | 0.7% | 0.7% | 0.6% | in line |
| 30 Apr 2019 08:30 | Q1 2019 | 0.6% | 0.7% | 0.7% | below |
| 31 Jan 2019 08:30 | Q4 2018 | 0.7% | 0.8% | 0.8% | below |
| 31 Oct 2018 08:30 | Q3 2018 | 0.8% | 0.7% | 0.7% | above |
| 31 Jul 2018 08:30 | Q2 2018 | 0.7% | 0.7% | 0.8% | in line |
| 27 Apr 2018 08:30 | Q1 2018 | 0.8% | 0.7% | 0.6% | above |
| 31 Jan 2018 08:30 | Q4 2017 | 0.6% | 0.6% | 0.7% | in line |
| 31 Oct 2017 08:30 | Q3 2017 | 0.7% | 0.7% | 0.6% | in line |
| 28 Jul 2017 08:30 | Q2 2017 | 0.6% | 0.6% | 0.6% | in line |
| 28 Apr 2017 08:30 | Q1 2017 | 0.6% | 0.6% | 0.5% | in line |
| 31 Jan 2017 08:30 | Q4 2016 | 0.5% | 0.6% | 0.6% | below |
| 28 Oct 2016 08:30 | Q3 2016 | 0.6% | 0.6% | 0.6% | in line |
| 29 Jul 2016 08:30 | Q2 2016 | 0.6% | 0.6% | 0.6% | in line |
| 29 Apr 2016 08:30 | Q1 2016 | 0.6% | 0.6% | 0.6% | in line |
| 29 Jan 2016 08:30 | Q4 2015 | 0.6% | 0.6% | 0.6% | in line |
The last US Employment Cost Index QoQ (Q3 2026, released 30 Oct 2026) came in at 0.8%, in line with the 0.8% forecast; the previous reading was 0.9%.
US Employment Cost Index QoQ is released quarterly by Bureau of Labour Statistics. CRTLAB has 44 releases on record since 29 Jan 2016.
Since 2016, US Employment Cost Index QoQ has come in above forecast 30% of the time and below 25% (44 releases with a forecast); over the last 12 it beat 25%.
The highest was 1.3% (Q2 2022) and the lowest 0.5% (Q3 2020). The five-year average is 0.99%.
Usually yes: a reading above forecast is the good surprise for the USD, and the bigger the surprise the bigger the move. On this page, green marks a release that was good for the USD against its forecast, red one that was bad.
The Employment Cost Index (ECI) is a measure of the change in the cost of labor, independent of the influence of employment shifts among occupations and industry categories. The total compensation series includes changes in wages and salaries and in employer costs for employee benefits.