MoM Change in Average Hourly Earnings in the US
United States| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The month-over-month change in average hourly earnings is an indicator that shows how much wages for workers in the United States have changed compared to the previous month. This data is released monthly by the U.S. Bureau of Labor Statistics (BLS) and is crucial for assessing labor market trends.
Month-over-month data helps to understand how wages are fluctuating over short periods. An increase in wages indicates a robust labor market and an improvement in workers' purchasing power. Conversely, a decrease in wages suggests potential stagnation in the labor market and a reduction in workers' purchasing power.
This data serves as a reference for policymakers to evaluate wage trends and formulate appropriate employment policies. It is also an essential resource for businesses and investors to gauge wage trends and forecast the economic outlook.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
