Friday, July 28, 2017

US employment costs grew slower in second quarter

July 28, 2017 at 07:35AM

WASHINGTON (AP) — Wages and benefits paid to U.S. civilian workers grew more slowly in the second quarter.

The Labor Department says total compensation was up 0.5 percent in the April-June period, compared to 0.8 percent growth in the first quarter.

Wages and salaries, which account for 70 percent of compensation costs, also rose 0.5 percent.

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