Average Hourly Earnings m/m

Average Hourly Earnings m/m
Witten by : Last update: 03 مهر 1402

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Source
MeasuresChange in the price businesses pay for labor, excluding the farming industry;
Usual Effect'Actual' greater than 'Forecast' is good for currency;
FrequencyReleased monthly, usually on the first Friday after the month ends;
Next Release
FF NotesThis is the earliest data related to labor inflation. Source changed series calculation formula as of Feb 2010;
Why Traders
Care		It's a leading indicator of consumer inflation - when businesses pay more for labor the higher costs are usually passed on to the consumer;