Wages
Salaries in the US Increased by 3.1% Over the Year: What About Inflation
In October, the US labor market added 165,000 jobs, and the unemployment rate stood at 4.1%. The average hourly wage rose by 0.4% month-on-month and by 3.1% year-on-year. Against the backdrop of rising consumer prices, market participants are assessing the potential impact of these figures on the future policy of the Fed.