Economic Report:Average Hourly Earnings
Released by:U.S. Department of Labor
Release Date/Time:8:30 a.m. on the first Friday of every month.
Description:This is a component of the Unemployment Report. This part of the Current Employment Statistics Survey (establishment survey). The establishment survey provides information on employment, hours, and earnings of workers for nonfarm payrolls. The report is a broad indicator of economic activity and inflation. As this number increases, it is more favorable for the economy and the stock markets while usually pressuing the bond markets.