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UBS On-Air: Market Moves

UBS On-Air: Paul Donovan Daily Audio 'Average earnings are not wages day'

5 min • 2 februari 2024
The US reminds us that average earnings are not wages, and also publishes some other employment data. Today’s employment report will be a bit messy—US workers do not like cold weather, and the weather was cold. There is also the big set of benchmark revisions to past data, which are likely to reduce estimated payrolls.
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