U.S average hourly earnings rose 0.3% in July, as expected

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3 August 2018

U.S average hourly earnings rose 0.3% in July, as expected

In July, average hourly earnings for all employees on private nonfarm payrolls rose by 7 cents to $27.05. Over the year, average hourly earnings have increased by 71 cents, or 2.7 percent. Average hourly earnings of private-sector production and nonsupervisory employees increased by 3 cents to $22.65 in July.

Wall Street. Stocks before the bell

U.S non farm payrolls rose less than expected in July, the unemployment rate edged down by 0.1%

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