A post by @BLS_gov on X.

Real average hourly earnings for all U.S. employees were flat in October, the Bureau of Labor Statistics reported, meaning wage growth matched inflation for the month. The unchanged reading follows a stretch in which real pay had been rising modestly as price pressures cooled. The data point matters because real wages are a key gauge of household purchasing power and a factor the Federal Reserve weighs alongside inflation when setting interest rates. Watch next month's reading for whether the stall proves temporary or signals that nominal wage gains are losing ground to inflation.