U.S. wages and benefits grow at slowest pace in 3 years

U.S. PAY and benefits increased 0.5% in the second quarter, the slowest pace in three years in the April-June quarter. / AP FILE PHOTO/ ELAINE THOMPSON.
U.S. PAY and benefits increased 0.5% in the second quarter, the slowest pace in three years. / AP FILE PHOTO/ ELAINE THOMPSON.
WASHINGTON (AP) – Wages and benefits for United States workers rose at the slowest pace in three years in the April-June quarter, a sign that businesses are holding back on pay as well as cutting jobs in the coronavirus recession. Pay and benefits increased 0.5% in the second quarter, down from 0.8% in the first…

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