Average hourly earnings rise 0.1% in September, up 3% year over year

  • Average hourly earnings rose 0.1% in September.
  • 3% was the year-over-year increase in average hourly earnings.
  • The low-hire, low-fire labor market is beginning to lose momentum.

Average hourly earnings increased 0.1% in September and were 3% higher than a year earlier, a pace likely below current inflation. The figures add to indications that the low-hire, low-fire labor market is beginning to lose steam, with limited hiring and layoffs now showing signs of weakening.

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Average hourly earnings rise 0.1% in September, up 3% year over year - CoinPost Terminal