Back

NBC report points to cooling US jobs market as wage growth slows to 3.9%

Verifying
  • NBC Economics and Strategy's latest watch describes a cooling US labour market.
  • 3.9% was year-over-year average hourly earnings growth, down from 5.9% in early 2023.
  • 3.8% was the unemployment rate, versus a 3.4% cycle low in early 2023.
The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.