The Average Hourly Earnings m/m indicator reflects changes in the average hourly earnings in most non-agricultural industries in the specified month compared to the previous month.
The indicator is used when measuring the US labor market.
The chart of the entire available history of the "United States Average Hourly Earnings y/y" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.