The December jobs report is out, and average hourly earnings grew 0.1% month over month and 1.8% year over year.
Analysts were expecting 0.2% mum growth and 1.9% YoY.
Only 74,000 workers were added to nonfarm payrolls in December, a huge miss from the consensus estimate of 197,000.
Still, the unemployment rate dropped to 6.7% from 7.0%.
NOW WATCH: Money & Markets videos
Business Insider Emails & Alerts
Site highlights each day to your inbox.