Pantheon Macroeconomics - The March employment report didn't tell us what we really want to know. The underlying trend in wage growth remains obscured by the calendar quirk which depresses reported hourly earnings when the 15th of the month--pay day for people paid semi-monthly -- falls after the payroll survey week.

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4 Apr. 2016 While We Were Out...

By Ian Shepherdson

The March employment report didn't tell us what we really want to know. The underlying trend in wage growth remains obscured by the calendar quirk which depresses reported hourly earnings when the 15th of the month--pay day for people paid semi-monthly -- falls after the payroll survey week.

Posted: 4th Apr 2016 in 'U.S. Documents'

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Keywords for: U.S. Documents | 4 Apr. 2016 While We Were Out...

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