Dollar's reaction based on average hourly earnings

Market news

6 July 2018

Dollar's reaction based on average hourly earnings

In June, average hourly earnings for all employees on private nonfarm payrolls rose by 5 cents to $26.98. Over the year, average hourly earnings have increased by 72 cents, or 2.7 percent. Average hourly earnings of private-sector production and nonsupervisory employees increased by 4 cents to $22.62 in June.

The average workweek for all employees on private nonfarm payrolls was unchanged at 34.5 hours in June.

After two consecutive months of little change, Canadian employment rose by 32,000 in June

U.S NFP higher than expected in June

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