We have about five months of summer, and the weather in Phoenix can be brutal if you aren't used to it. You will see average temperatures for the Phoenix area published in various places, and they will vary by a degree or two.Keep in mind that the official temperature for Phoenix is monitored at Phoenix Sky Harbor International Airport in downtown Phoenix.lanning a trip to Phoenix can be tricky. You can get some great rates at fantastic resorts in the summer -- but before you make your reservation, make sure you understand Phoenix weather.
What is 'Minimum Wage'. A minimum wage is a legally mandated price floor on hourly wages, below which non-exempt workers may not be offered or accept a job. As of June 2016, the minimum hourly wage rate in the United States is $7.25. This means it is illegal for an American worker to sell their labor for less than $7.25 per hour unless the worker falls into a category specifically exempted from the Fair Labor Standards Act (FLSA). Next Up.
Definition: Average hourly earnings (AHE) is an important indicator of labor cost inflation and of the tightness of labor markets-something the Federal Reserve pays close attention to when setting interest rates. Related Indicators: Employment Cost Index (ECI) , Employment-Payroll Jobs, Unemployment Rate. related measure of wage cost growth closely watched by the Fed is the Employment Cost Index (ECI). Compared to the ECI that is published only quarterly, the strenght of the average hourly earnings measure it that is published monthly and is an early indicator of wage growth in the previous month.