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New data Average Hourly Earnings YoY

1/10/2025

actual 3.9, previous 4

The event is the "Average Hourly Earnings YoY" for the United States, scheduled for January 10, 2025, at 13:30 GMT. This economic indicator measures the year-over-year percentage change in the average hourly earnings of American workers.

The actual value reported is 3.9%, which is a decrease of 0.1% compared to the previous value of 4%. This indicates that the average hourly earnings have grown at a slightly slower pace than in the previous period.

The impact of this event is considered medium, meaning it could potentially have an effect on the financial markets, particularly those related to the US dollar (USD).

Overall, the lower-than-expected growth in average hourly earnings may suggest a moderation in wage inflation, which could influence the decisions of policymakers, investors, and businesses.

This is not investment advice. Remember to verify the information provided here.

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