U.S. labour costs ebb in second quarter

(Sharecast News) - The cost of labour in the States ebbed during the second quarter.

According to the U.S. Department of Labor, in seasonally adjusted terms, the Employment Cost Index rose by 1.0% over the three months to June.

That was less than the 1.1% gain anticipated by economists and two tenths of a percentage point less than the first quarter's rate of increase.

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