employment cost index

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Employment Cost Index

An index compiled by the Bureau for Labor Statistics estimating the cost of hiring and paying the American workforce. Analysts closely monitor the employment cost index: an unexpectedly large increase may result in downward pressure in the market. This is because a rise in the cost of paying employees reduces profits, which in turn reduces stock prices. It may also reduce bond prices because rises in the ECI are seen as a harbinger of inflation.

employment cost index

A closely watched economic report by the Bureau of Labor Statistics that indicates the total cost of employing a civilian worker. A larger-than-expected increase in the index is likely to place downward pressure on both bond and equity prices.
References in periodicals archive ?
We have created workshops for members of these organisations to educate them on how to secure coverage from ECI. We are also in talks with, Ajman Chamber where we intend to start implementing these workshops to educate on the policies and guarantees to the members (UAE businesses).
The symbol "Arrow" has very close similarity in design to the reserved symbol "Bow & Arrow", said JMM in its submission to ECI.
'NET1 has proven to be a valuable asset in enabling manufacturers to expand sales through ecommerce,' said Jeff Ralyea, President, ECI Manufacturing Division.
ECi has been selling its merchant software solutions in the United Kingdom for nearly 20 years through its partnership with Spruce Computer Systems Ltd.
The partnership will empower UAE-based firms to strengthen their presence regionally and internationally by providing them access to ECI's comprehensive range of trade credit insurance solutions and Emirates NBD Corporate Banking's customised products such as trade finance solutions while including but not limited to trade receivables, discounting, pre-shipment, export funding, surety bonding as well as advisory services.
Already hundreds of complaints have been lodged of violations with the ECI and one is forced to think 'is it possible for the ECI to prevent the candidates and the political parties from bending the laid down MCC rules'?
Protests broke out in some parts of Uttar Pradesh on Tuesday after videos of alleged movement and tampering of EVMs went viral on social media, a charge dismissed by the ECI as 'frivolous' and 'unfounded'.
These positive statistics present an opportunity for ECI to strengthen the support it extends to local businesses by facilitating access to funding for business expansions in global markets.
Massimo Falcioni, CEO, ECI, said: "We are delighted to partner with Standard Chartered Bank that is known for its wide range of trade credit solutions as well as financial services.
ECI intends to use the proceeds to refinance its bridge-to-bond loan, as well as part of its 'existing employees' promissory notes' as and when maturities come due.
ECi and Lasso have worked together for five years, and in that time have collaborated to update offerings to meet the growing needs of their joint customer base of residential homebuilders and developers.
It is thefirst and only importer of fish after BhutanAgriculture and Food RegulatoryAuthority (BAFRA) notified thatstarting August, all import of fish into Bhutan would be routedthrough Export Council ofIndia (ECI).