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Atlanta Fed Wage Growth Tracker Holds At 5.0%

US DATA
  • The Atlanta Fed wage tracker was unchanged at 5.0% in Feb (% Y/Y 3mma for median wages).
  • Job stayers wage growth held at 4.7%.
  • Job switchers wage growth eased three tenths to 5.3%.
  • The premium for job switchers narrowed to 0.6pps, although it was briefly lower in mid-2023 when it touched 0.4pps in Aug.

Source: Atlanta Fed

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