Average Hourly Earnings
An indicator of how the average level of pay is changing. The Average Hourly Earnings figure provides insight into future spending and inflation. A High Average Hourly Earnings bodes well for future consumption, as workers have more disposable income. High figures may indicate inflationary pressures due to employee additional potential to spend. The figure is either measured in hourly or weekly averages or as a percent change from the previous month.
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