AI Data Insight
In Q3 2026 (latest observation), the average weekly earnings for all private-sector employees in the US slightly decreased to $1290.37, a slight pullback from the previous value of $1291.05 in Q2. Coupled with nonfarm payroll additions falling well below expectations, this indicates that the job market has entered a "low-hiring" cooling period, which also provides support for a future pivot in the Federal Reserve's monetary policy.