The chances for Fed rates hike rise after the labor market and wages

The pace of hiring of workers in the United States in October remained strong, pushing wage growth and increasing the likelihood of Fed rate increase at its meeting in December.
The number of jobs outside agriculture rose by 161.000 due to demand in the construction industry, health, professional and business services industries, announced on Friday the Ministry of Labour.
Earnings in yearly base in the past month rose by an average of 2.8 percent, which was the most significant rise in seven and a half years.
On Wednesday, at the last meeting before the presidential election, the Fed left rates unchanged, as markets had expected, but made it clear that they can raise them in December, as the economy is gaining momentum, and inflation accelerated.
Last week, the statistics pointed to the acceleration of GDP growth in the third quarter. Since 2010, the business has created 15.5 million new jobs, nearly half of them - highly paid.