U.S. #AverageHourlyEarnings (MoM) for June increased by 0.3%, matching consensus but down from the previous 0.4%. #JobsReport #Economy #Wages
#US #AverageHourlyEarnings for May rose by 0.4%, surpassing the consensus of 0.3% and showing improvement from the previous month's 0.2%. #wagegrowth #economy
In April, the #AverageHourlyEarnings MoM increased by 0.2%, slightly below the consensus of 0.3% nd lower than the previous month's figure o 0.3%. The YoY Average Hourly Earnings for April stood at 3.9%, slightly below the consensus of 4.0% and lower than the previous 4.1%. #US
In terms of inflation indicators, average hourly earnings exceeded expectations, rising by 0.6% MoM in January, surpassing the forecast of 0.3%. The annual increase in average hourly earnings was 4.5%, exceeding the expected 4.1%. #USJobs #UnemploymentRate #EconomicGrowth #InflationIndicators #AverageHourlyEarnings #JanuaryData
Non-farm payrolls in the US showed robust growth, increasing by 353 thousand in January, while the unemployment rate for the same month was recorded at 3.7%. Notably, the average monthly employment figures for the second half of 2023 were revised upward by 27K. #USJobs #UnemploymentRate #EconomicGrowth #InflationIndicators #AverageHourlyEarnings #JanuaryData
On the #AverageHourlyEarnings side, we also saw better-than-expected #data on a monthly and annual basis. #ParticipationRate data, which is a supply of labor indicator, showed a very slight pullback.