The closely
watched wage number was unchanged from previous months, with average hourly earnings up 2.5 percent.
Located inland within 40 kilometers of the Cayo District, Caracol once supported twice as many people as currently live in Belize City, and it even
waged a number of wars with its more famous cousin Tikal.
With inflation currently sitting at 2.9 %, Wednesday's
wage numbers show that real wages are actually falling in the UK for a fourth consecutive month.
A «solid jobs number with
lower wage numbers has muted inflation concerns,» said Jeff Chang, managing director at Cboe Vest.
Two weeks ago, an
outsized wage number scared enough investors to provoke a long awaited surge in volatility.
The federal Quarterly Census of Employment and Wages (QCEW) offers detailed employment and
wage numbers for all industries at the county level for as recently as the third quarter of 2017.
Procter & Gamble (pg)
waged a number of battles last year with activist investor Nelson Peltz, who succeeded in gaining a board seat after months of fighting.
«
The wage number is definitely moving the bond market,» said John Briggs, head of strategy at NatWest Markets.
Bond yields have been rising as interest rate expectations have been rising, and
the wage number confirms signs of wage inflation.
But
the wage numbers are providing an apparent sense of stability, staying at +2.7 % YoY and well within their range since July 2016.