【环球财经】美国三季度就业成本指数涨幅放缓

Core Insights - The Employment Cost Index (ECI) for the third quarter of this year increased by 0.8% quarter-on-quarter, indicating a slowdown in the growth rate compared to the second quarter, reflecting weakened labor demand and slow wage growth in the U.S. job market [1] - Year-on-year, the ECI rose by 3.5%, marking the smallest increase since the second quarter of 2021 [1] - Analysts note that U.S. employers are generally slowing down their hiring pace, with some companies initiating layoffs [1] Labor Market Trends - Ben Ayers, a senior economist at Nationwide Mutual Insurance Company, predicts that with a decrease in resignation rates and weakened labor demand expected in the second half of 2025, wage growth will further decelerate by 2026 [1] - Matthew Martin, an economist at Oxford Economics, anticipates that the pace of wage growth will continue to slow in the coming quarters, leading to a decline in job-seeker confidence in the labor market [1] Job Vacancies - The U.S. Department of Labor reported that the number of job vacancies in October 2025 was 7.67 million, slightly above the 7.615 million from the same month last year and the 7.658 million in September, indicating a continued cooling trend in the U.S. job market [1]