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Average hourly earnings in September increased by 3% year-on-year, falling short of market expectations

Average hourly earnings in September increased by 3% year-on-year, falling short of market expectations

智通财经智通财经2026/10/02 13:11
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According to an analysis report by The New York Times: Federal Reserve officials have long insisted that the labor market is not a source of inflationary pressure. The September report reinforced this view. The average hourly wage in September increased by only 0.1% month-on-month and 3% year-on-year, which is below the market consensus of 3.2%.
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