Employment Costs Rise 0.7% in Second Quarter

WASHINGTON—Employers’ labor costs rose during their fastest rate in scarcely 6 years in a second quarter, a pointer that descending stagnation could be boosting compensate for workers.

The employment-cost index, a extended magnitude of compensate and benefits, rose a seasonally practiced 0.7% from Apr by June, a Labor Department pronounced Thursday. Economists surveyed by The Wall Street Journal had foresee a 0.5% increase.

Wages and salaries,…

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