TODAYS IMPORTANT INFORMATION
Average Hourly Earnings (MOM)
Country US
Forecast
0.3%
Previous
0.4%
The Average Hourly Earnings metric, released by the US Bureau of Labor Statistics, is a significant indicator of labor cost inflation and of the tightness of labor markets. The Federal Reserve Board pays close attention to it when setting interest rates. A high reading is bullish for the US Dollar (USD), while a low reading is bearish.