Pantheon Macroeconomics - Barring some sort of out-of-the-blue shock, we are much more interested in the hourly earnings data today than the headline payroll number. The key question is the extent to which wages rebound after being depressed by a persistent calendar quirk in both February and March.

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6 May. 2016 Payrolls Likely On Trend - Watch Out for a Rebound in Wages

By Ian Shepherdson

Barring some sort of out-of-the-blue shock, we are much more interested in the hourly earnings data today than the headline payroll number. The key question is the extent to which wages rebound after being depressed by a persistent calendar quirk in both February and March.

Posted: 6th May 2016 in 'U.S. Documents'

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