Will the 12-month percent change in average hourly earnings of all employees on private nonfarm payrolls for any reference month from August 2026 through July 2027 be above 3.7%?

Will the 12-month percent change in average hourly earnings of all employees on private nonfarm payrolls for any reference month from August 2026 through July 2027 be above 3.7%? | 4rho