Anthony Chan Leading Quotations

The pace of average hourly earnings continues to rise at just a tepid pace leading me to believe that this overall report is a very monetary policy-friendly report.

The decline in the length of the average work week ... tells us this leading employment indicator does not foreshadow any immediate end to this general pattern of weakness in the labor market.

Additionally, it was encouraging to see a small increase in the length of the work week, which usually serves as a leading indicator of future employment growth.