[ad_1]
The numbers: The U.S. employment cost index, the broadest measure of U.S. labor costs, rose 1% in the second quarter after gaining 1.2% in the first quarter, the Labor Department said Friday.
Economists surveyed by the Wall Street Journal had expected a 1.1% gain.
Compensation climbed at 4.5% clip in the 12 months ended in June, down from…
[ad_2]
Source link
