The year-on-year gain in average hourly earnings shows that workers continue to make headway in terms of real wage increases. The 3.6% pace is above even the gasoline-inflated 3.3% headline CPI inflation rate (for March). S&P 500 futures hitting their high of the session now. The takeaway may be that the economy seems resilient to the Iran war

2026-05-08

The year-on-year gain in average hourly earnings shows that workers continue to make headway in terms of real wage increases. The 3.6% pace is above even the gasoline-inflated 3.3% headline CPI inflation rate (for March). S&P 500 futures hitting their high of the session now. The takeaway may be that the economy seems resilient to the Iran war