Employment costs up modestly in second quarter | Reuters

Employment costs up modestly in second quarter
| Reuters

The Employment Cost Index, which measures total employer compensation costs, increased 0.5 percent after rising 0.4 percent in the first three months of the year, the Labor Department said.
The increase was in line with economists' expectations. Over 12 months, compensation costs rose a moderate 1.7 percent, slowing from a 1.9 percent rise in the 12 months through March.