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Friday, July 07, 2017

June US average hourly earnings +2.5% vs +2.6% y/y expected

  • Prior was 2.5% (revised to +2.4%)
  • Earnings +0.2% m/m vs +0.3% exp
  • Prior m/m earnings +0.2% (revised to +0.1%)
  • Average weekly hours 34.5 vs 34.4 expected
Yet another strong jobs report with weak wages.
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