The US non-farm payrolls report does include average hourly earnings and average hours worked per week but for some reason it's not as widely reported. IMO the

The US non-farm payrolls report does include average hourly earnings and average hours worked per week but for some reason it's not as widely reported. IMO the multiple of those 2 values and participation rate are much more meaningful than the total number of jobs added or removed. The average hourly earnings has been hovering around a 3% YoY increase for years now: https://tradingeconomics.com/united-states/average-hourly-earnings https://tradingeconomics.com/united-states/average-hourly-ea...