US Q2 Employment Cost Index +0.9% vs +0.8% expected

Prior was +0.9% Wages q/q +0.9% vs +0.8% prior Benefits q/q +1.0% vs +1.2% prior The U.S. Employment Cost Index showed labor costs continued to rise at a steady pace in the second quarter of 2026. For all civilian workers, total compensation increased 0.9% in the three months…