(Reuters/Mike Blake)
Walmart department manager Karren Gomes helps stock shelves with school supplies as the retail store prepare for back to school shoppers in San Diego, California August 6, 2015.
The employment cost index came in as expected i
n the first quarter of 2016.
ECI rose by 0.6%, in line with economists' expectations.
The previous reading showed that the index rose by 0.6% in the fourth quarter of 2015.
The ECI report is a more comprehensive measure of wage growth than the average hourly earnings figure released with the monthly jobs report as it takes into account benefits in addition to wages and salaries.
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