There was no wage growth in June. In June, average hourly earnings were flat at $24.95. The estimate was for 0.2% growth month-over-month. Year-over-year earnings rose 2.0%, below the 2.3% estimate. In May, average hourly earnings posted a 0.3% rise month-over-month, and 2.3% year-over-year. The jobs report showed that the economy added 223,000 jobs in June, and the unemployment rate declined to ...
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