Average Hourly Earnings (YoY)

Actual
5.1%
Previous
4.9%
Forecast
4.6%

The Average Hourly Earning released by the US Bureau of Labor Statistics is a significant indicator of labor cost inflation and of the tightness of labor markets. The Federal Reserve Board pays close attention to when setting interest rates. A high reading is also positive for the USD, while a low reading is negative.

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