Abstract: Average hourly earnings climbed 0.4 percent from the previous month, and 4.1 percent compared to a year earlier. That was faster than economists expected.
Lead Paragraph:
Friday’s jobs data suggested that wages are still climbing briskly as hiring remains strong — facts that could keep the Federal Reserve wary as it contemplates its next move on interest rates.
Source: The New York Times
Category: Business
Sub Category:
2024-01-05T09:54:12+0000
By Jeanna Smialek