• US average hourly earnings increased more than expected in December. Dollar moves up

Market news

6 January 2017

US average hourly earnings increased more than expected in December. Dollar moves up

In December, average hourly earnings for all employees on private nonfarm payrolls increased by 10 cents to $26.00, after edging down by 2 cents in November. Over the year, average hourly earnings have risen by 2.9 percent. In December, average hourly earnings of private-sector production and nonsupervisory employees increased by 7 cents to $21.80

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