Ladies and gentleman, we have a tiny bit of wage growth
Advertisement
The February jobs report shows a hint of wage growth in the economy - but only a hint.
Advertisement
Wages grew at a rate of 2% annually, versus an expectation of 2.2%. That's just barely outpacing inflation, and is a deceleration from the January report, which showed 2.2% growth year-over-year.
Month-over-month, average hourly earnings rose by three cents, or 0.1%, to $24.78.
Advertisement
- RBI Governor Das discusses ways to scale up UPI ecosystem with stakeholders
- People find ChatGPT to have a better moral compass than real humans, study reveals
- TVS Motor Company net profit rises 15% to ₹387 crore in March quarter
- Canara Bank Q4 profit rises 18% to ₹3,757 crore
- Indegene IPO allotment – How to check allotment, GMP, listing date and more