Average hourly earnings

Average hourly earnings is the wage growth number in the US jobs report. Wages are the bridge from jobs to prices: fast pay growth keeps services inflation sticky, which keeps the Fed cautious, so a hot wage figure can sink stocks on a strong jobs day.

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In MochaLearnSee how the Fed moves US markets in MochaLearn
  • Dual mandateThe dual mandate is the Fed's job as Congress wrote it: stable prices and maximum employment. The 2% inflation target…
  • FREDFRED is the free St Louis Fed database of every major US economic series going back decades, charts and downloads with…
  • JOLTSJOLTS is the BLS survey of job openings and labour turnover. Openings against unemployed workers is the Fed's read on…
  • Unemployment rateThe unemployment rate is the share of the US labour force that wants work and has none, from the same BLS release as…
  • Russell 2000The Russell 2000 is about two thousand smaller American listed companies, the standard measure of US small caps. They…
  • Gross marginGross margin is revenue minus the direct cost of making the product, as a percent of revenue. It shows pricing power…

Where it comes up