Tag Archives: PLCY

US job growth is rapid; cooling wage inflation

The number of wages in the non-agricultural economy increased by 336,000 people in September The unemployment rate was unchanged at 3.8% Average hourly earnings rose by 0.2%; increased by 4.2% compared to the same period last year WASHINGTON, Oct 6 (Reuters) – U.S. employment rose by the most in eight …

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UK wage growth points to another rate hike, but unemployment rises

Workers walk through the financial district of Canary Wharf ahead of the Bank of England’s interest rate decision in London, Britain, August 3, 2023. REUTERS/Toby Melville/File Photo License Rights Purchase The unemployment rate is increasing, vacancies are decreasing Strong wage growth prompts the Bank of England to raise rates again …

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