- Prior was +0.9%
- Wages q/q +1.0% vs +0.8% prior
- Benefits q/q +0.7% vs +1.2% prior
This is the most comprehensive report on wage growth. The Fed watches it closely but unfortunately it’s released quarterly so it’s not as timely as the Average Hourly Earnings data.
The data is a touch on the hotter side.
This article was written by Giuseppe Dellamotta at investinglive.com.