Employment cost index: Difference between revisions

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→‎Applications: The statement was made by Alan Greenspan when he was chairman of the Federal Reserve Board, not the current chairman Ben Bernanke.
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The '''Employment Cost Index''' (ECI) is a quarterly economic series detailing the changes in the costs of labor for businesses in the [[United States]] economy. The ECI is prepared by the [[Bureau of Labor Statistics]] (BLS) http://www.bls.gov/, in the [[U.S. Department of Labor]] http://www.dol.gov/.
 
==Applications==