Sentences with phrase «average hourly wage growth»

Unemployment in November remained at 4.1 percent, but average hourly wage growth is on a pace for 2.5 percent growth this year, below the 2.7 percent expected.

One key statistic to watch in 2018 will be the change in monthly average hourly wage growth.

However, the lack of growth in hourly earnings is something of a conundrum (average hourly wage growth was flat month - over-month in June and up over the past year by just 2 %).

Fueled by a surge of renters across all age ranges, rental prices nationally have grown at roughly twice the pace of average hourly wage growth, which was a paltry 2.1 percent over the past year.

Average hourly wage growth has been stuck around 2.5 percent.

Not exact matches

The study also neglects to consider several reasonable explanations for a modest premium in public administration hourly wage growth compared to the average.

There are many theories on the inconsistent wage growth, with debates reignited with every monthly fluctuation in average hourly earnings.

Given that U.S. growth has firmed and headline payrolls has been solid, inflation (specifically wage growth) has been the missing key for the Fed; accordingly most attention will likely fall on the average hourly earnings data which is seen rising slightly

While a low unemployment rate can indicate tight labour - market conditions, the 2017 average hourly wage of full - time and part - time employees combined grew by only 1.7 per cent — the lowest year - over-year growth since 1998 and more or less at the same rate as consumer price inflation.

But after surging in the previous month, most likely due to the effects of the hurricanes, average hourly earnings were unchanged in October, pushing annual wage growth down to 2.4 %.

At the same time, wage growth has been tepid with average hourly earnings, having increased by only 0.1 % MoM and 2.6 % YoY; both measures are below economists» projections,

Average hourly earnings were flat to indicate lack of wage growth and potentially weaker inflationary pressures down the line.

Wage growth was the surprise component of January's report with only a slight gain in average hourly earnings of 0.1 percent.