Average Hourly Earnings
Average Hourly Earnings are expressed as absolute values and as an index relative to the previous period. It is an indicator of potential inflation related with the increase in labor costs.
It has a significant impact on the market. With expectations of an increase in basic interest rates, the increase of the index leads to an increase in the rate of dollar.
- Release Frequency: monthly.
- Release Schedule: 08:30 EST, the first Friday of the month, together with "Non-farm payrolls".
- Source: Bureau of Labor Statistics.