Average Hourly Earnings (MoM)

Actual
0.6%
Previous
0.4%
Forecast
0.3%

The Average Hourly Earnings metric, 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 it when setting interest rates. A high reading is bullish for the US Dollar (USD), while a low reading is bearish.

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