By Christopher Rugaber AP Economics Writer WASHINGTON (AP) — Wages and benefits for U.S. 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, according to the government's Employment Cost Index, released Friday. That is down from 0.8% in the first three months of the year. Wages and salaries rose just 0.4%, while benefits jumped 0.8%. Employers shed 22 million jobs in March and April before rehiring about one-third of […]
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