Latest / Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power
The September Jobs Trap and Your Wallet
Lucas and Luna dissect the stark divergence in the September labor data: a meager 29,000 jobs added versus a surprisingly resilient ADP report of 90,000. With the unemployment rate ticking up to 4.2 percent and core inflation holding at 3.0 percent, they explore why your paycheck feels heavier despite nominal wage growth. The episode breaks down how sector-specific hiring freezes are creating a hidden squeeze on middle-income purchasing power, even as headline numbers suggest stability. By anchoring to the latest Employment Cost Index and average hourly earnings, Lucas and Luna explain why…
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