8 ms·
Number of jobs is only as interesting as the wages of those jobs (real wages not nominal wages.) I wish journalists would do better.
by DoubleDerper 3y ago
Number of jobs is only as interesting as the wages of those jobs (real wages not nominal wages.) I wish journalists would do better.
- blitzar 3y agoThe number of hours that they work matters as well (2 hours a week would be pretty low quality). I wish commenters would do better. Average Hourly Earnings MoM DEC 0.4% Average Weekly Hours DEC 34.3 (-0.1)
- bryanlarsen 3y agoFrom the article: The report showed that inflationary pressures, despite receding elsewhere, are still prevalent in the labor market. Average hourly earnings rose 0.4% on the month and were up 4.1% from a year ago, both higher than the respective estimates for 0.3% and 3.9%. The average workweek edged lower to 34.3 hours.
- lukas099 3y agoIf there are more jobs, workers have more leverage to negotiate higher wages.