Average Hourly Earnings … Most Important Item from Tomorrow’s Employment Report

Tomorrow, Friday Dec 5, 2014, one of the most popular monthly economic reports occurs.  While many may focus on the headline employment number, expected around mid 200k, the most important part of the report will highly likely go unnoticed, UNLESS it surprises, especially to the upside.

Average Hourly Earnings

Consumers drive our economy and the majority of consumers have had little wage growth in years.

This from the October 2014, Bureau of Labor Statistics (BLS)

Avg Hourly 12-14

IF this part of the report is higher, as was in August…look for higher rates .. sooner, and good news for the Economy!

Fingers Crossed !!!

Have a great day!

John A. Kvale CFA, CFP

http://www.jkfinancialinc.com
http://www.street-cents.com
8222 Douglas Ave # 590
Dallas, TX 75225

 

One response to “Average Hourly Earnings … Most Important Item from Tomorrow’s Employment Report

  1. Pingback: Tall Walls … Great Employment Report … See You Tomorrow | $treet-¢ents

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