The Labor Market Is Cooling
Published on
Average hourly earnings growth slowed to 0.2% m/m in April from 0.3% m/m in March and came in below expectations. On a year-on-year basis, they decelerated from 4.1% to 3.9%, the lowest since June 2021 and below expectations of 4%. Nonfarm payrolls growth…
Interested in reading the full Daily Insight?
Read the full insight with instant access.
BCA Research | Essentials
Base-level subscription for all clients. Includes Bank Credit Analyst, BCA Live (formerly BCA Live & Unfiltered), and BCA Daily Insights.
Stay Connected with BCA
Get our latest events and research insights delivered to your inbox.