In the 12 months ending in May, average hourly earnings rose 2.5 percent, on par with the 2.6 percent
average monthly gain in 2016, and up from 2.3 percent in 2015 and 2.1 percent 2014.
In the 12 months ending in April, average hourly earnings rose 2.5 %, generally on par with the 2.6 %
average monthly gain in 2016, and up from 2.3 % in 2015 and 2.1 % 2014.
Not exact matches
Total nonfarm payroll employment
in June is
in line with the
average monthly gain of 182,000 jobs over the prior 12 months.
The job market is clearly on the path to full employment and solid
monthly gains are particularly evident once we
average out the
monthly volatility
in the data... Read more
The graph traces the
monthly percentage
gain in average hourly earnings from the previous year, starting
in January 2007 and moving through to the most recent figures.
The job market is clearly on the path to full employment and solid
monthly gains are particularly evident once we
average out the
monthly volatility
in the data (see smoother below).
Despite steady demand from employers and brisk economic growth recently,
average monthly job
gains slowed from 187,000
in 2016 as the 4.1 % unemployment rate meant fewer available workers.
The economy added 146,000
in November, which was below this year's
monthly average of 151,000
gains, but well above the consensus expectation of a dismal 95,000 jobs
gain.
Payroll
gains in March were disappointing, but the
monthly average for the first quarter was a strong 202,000.
Payrolls expanded by 228,000, ahead of consensus expectations, to leave 2017's
average monthly jobs
gain at 174,000, not far off the 187,000 pace seen
in 2016.
By plugging these numbers into a standard amortization calculator, we can
gain some insight into the
average monthly mortgage payment
in California, going into 2017.
Along with an upward revision to June's already - robust number, the latest figures left
average monthly job
gains so far
in 2017 at 185,000, close to the strong pace set
in 2016.
• 25 - year time - weighted rate of return calculator that tells the rate of return each year, and
averages for multiple years, considering all of the unequal
monthly cash flows that happen with investment portfolios
in the Real World: Dividends / capital
gains / spent withdrawals and taxes on them, as well as contributions.
On the employment front, the March employment report showed weakening momentum, as the economy created just 120,000 jobs — less than half of the
average monthly gain over the prior three months and the smallest
gain in five months.
Nonetheless, the recent
average monthly employment
gain stands at 200,000 jobs, so a pickup
in GDP should lead to more robust job growth.