An employment index used to track overall labor costs rose 0.4% for the final three months of 2010 on a seasonally adjusted basis, matching the growth rate recorded in the previous quarter, according to a report the Bureau of Labor Statistics released this morning.

The fourth-quarter gain was lower than the 0.5% uptick economists expected, according to Thomson Reuters.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.