US Average Weekly Hours (Dec) 34.2 vs. Exp. 34.3 (Prev. 34.3)
The December print of average weekly hours came in slightly below expectations, which might suggest a moderation in labor demand.
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US Average Weekly Hours (Dec) 34.2 vs. Exp. 34.3 (Prev. 34.3)
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This could imply softer wage pressures and has potential implications for future monetary policy, particularly around growth and inflation dynamics.
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