(Reuters) - The department's Employment Cost Index, a broad gauge of
what employers pay in wages, salaries and benefits, rose 0.9
percent during the April-June second quarter. That was in line
with Wall Street economists' forecasts and ahead of the first
quarter's 0.8 percent increase.
Wages and salaries rose 0.8 percent during the second
quarter, down from the 1.1 percent gain posted during the first
quarter. But benefit costs jumped by 1.3 percent after barely
edging up by 0.1 percent in the first quarter.
Read more at Reuters.com Economic News
what employers pay in wages, salaries and benefits, rose 0.9
percent during the April-June second quarter. That was in line
with Wall Street economists' forecasts and ahead of the first
quarter's 0.8 percent increase.
Wages and salaries rose 0.8 percent during the second
quarter, down from the 1.1 percent gain posted during the first
quarter. But benefit costs jumped by 1.3 percent after barely
edging up by 0.1 percent in the first quarter.
Read more at Reuters.com Economic News
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