fed minutes, 2024-11-07
Average hourly earnings for all employees rose 4 percent over the 12 months ending in October, down 0.3 percentage point relative to a year earlier, and the 12-month change in the employment cost index of hourly compensation for private industry workers was 3.6 percent in September, down 0.7 percentage point from its year-earlier pace.
Sentiment: neutral
Topic: mp_labor_market