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Monthly Labor Review Home Page
Featured Article
April 2026
It can be challenging to understand how changes for Employment Cost Index subgroups (for example, industry or occupation groups) contribute to aggregate trends in the price of labor. This article discusses relative importance (RI) percentages, which describe how labor cost expenditures are distributed across job types in the ECI’s weight structure. These percentages offer insight into the factors driving changes in employer labor costs in the United States.
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