The wage component of the U.S. jobs report may take on greater importance on Friday after a higher-than-expected print in January helped send stocks into correction last month. Average hourly earnings jumped to 2.9 percent in January from a year earlier, the highest since June 2009, and are expected to gain 2.8 percent in February, according to economists’ forecasts ahead of the Labor Department report. Total payrolls are forecast to increase by 200,000.
Source: Bloomberg Pro Terminal
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