Hourly wages in the US increased more than expected year-over-year in October

Hourly wages in the US increased more than expected year-over-year in October.

Hourly wages rose 3.1 percent year-over-year (+3.0), compared with the Bloomberg analyst consensus, which expected an increase of 2.9 percent.

US, %October 2026ConsensusSeptember 2026Hourly wages, YY3.12.93.0Consensus data from Bloomberg