Sentences with phrase «important average hourly»

Not exact matches

And mortgage refinancing has been one of the most important reasons why the economy has continued to move forward in the last few years, despite the stagnation in real wages, which is what is show in this next graph of average hourly wages divided by consumer prices to give us «real hourly wages»:

In preparation for the trading madness, it seems that the consensus is for a nonfarm payrolls increase of 192,000 jobs, a work week of 34.5 hours, and, most important for Chairman Yellen, an increase in average hourly earnings of 0.2 %.

While we believe payrolls and average hourly earnings are both likely to miss consensus estimates, we think the employment report may be somewhat less important than usual for the monetary policy outlook, because 1) recent data have been firm so we have some room for a miss, 2) the August seasonal issue is now well known so even a somewhat larger miss may not significantly alter the staff view, and 3) there are several months between now and December to make up for any weakness in tomorrow's report.

Growth in average hourly earnings is important for interest rates because it is positively related to inflation, as higher earnings growth tends to spark faster inflation.

However, the most important hurdle is near the $ 670 level and the 100 hourly simple moving average.