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Quote: May 6, 2024
“Of note, average hourly earnings grew 3.9% from a year ago, a third consecutive deceleration in wage growth and the slowest since May 2021.”
–Mortgage Bankers Association Vice President and Deputy Chief Economist Joel Kan
“Of note, average hourly earnings grew 3.9% from a year ago, a third consecutive deceleration in wage growth and the slowest since May 2021.”
–Mortgage Bankers Association Vice President and Deputy Chief Economist Joel Kan