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United States December Average Hourly Earnings Rise 3.8% Year Over Year (Y/Y), Above 3.6% Estimate

December wage growth reached 3.8% year over year (Y/Y), surpassing the 3.6% estimate and exceeding the prior 3.6% reading.

Summary

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Terms & Concepts
  • Average hourly earnings: A U.S. labor-market metric showing changes in worker pay per hour.
  • Year over year (Y/Y): A comparison of a metric with the same month or period one year earlier.