US Wage Growth Slows to 0.3% MoM as Forecast 📈
US private nonfarm payrolls saw a 0.3% increase in average hourly earnings in February 2025, in line with market expectations, following a downwardly revised 0.4% increase in January.
The increase in average hourly earnings is a positive sign for the US economy and could have a moderate impact on the portfolio, which includes exposure to the S&P 500, US bonds, and other US-based assets.
US Wage Growth Slows As Expected 📈
US private nonfarm payrolls saw a 0.3% increase in average hourly earnings in February 2025, following a 0.4% increase in January, in line with market expectations. Over the past 12 months, average hourly earnings have increased by 4%, slightly below market expectations.
The increase in average hourly earnings is a positive sign for the US economy and may have a moderate impact on the portfolio, which includes exposure to the S&P 500, US bonds, and other US-based assets.