Latest / Stagflation Conversations with Fexingo: High Inflation, Slow Growth, and 1970s Echoes
The Real Wage Stagnation Behind The Jobs Report
We are looking at the disconnect between the headline unemployment rate of four point two percent and the reality on the ground for American workers. With core CPI holding at three hundred thirty seven point eight, real wage growth is being swallowed by sticky services inflation. We explore how the decline in job openings to seven thousand seventy nine signals a cooling labor market that isn't showing up in the layoffs yet. This is a deep dive into the hidden squeeze facing middle-income households.
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The skinny
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