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International Business Times UK
International Business Times UK
Business
Jim Manzon

Jobs Report Today Holds Key to Millions of Workers' Pay Rises — What Fed Decision Means

US economic data releases today will influence outlooks for jobs, wages, and Fed policy in 2026. (PHOTO: Microsoft 365/Unsplash)

The most anticipated economic data release in months is arriving today, carrying significant implications for whether millions of American workers will see their wages keep pace with the rising cost of living in 2026.

Tuesday's economic calendar features a rare double release of employment data covering both October and November, alongside Retail Sales, Building Permits, and Manufacturing and Services PMI readings, according to Investing.com. The reports were delayed due to the government shutdown that ended in mid-November, leaving markets and policymakers operating with limited visibility into labour market conditions.

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