PREVIEW

... ls rose by 196,000, according to last month's Labor Department statistics.

The unemployment rate held steady at 3.8%, in line with expectations.

But wages rose 0.14% for the month, below the 0.3% expected by economists.

That pushed wages up 3.2% year-on-year, the slowest hourly increase since September last year.

The rate at which wages are rising is one of the key figures for inflation.

........

There are signs that inflation is expected to decline.

...

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