Page 3 - Wage Data News Today

The narrowed gauge tracks only wages linked to services excluding housing, food and energy

Easing price, wage data are at odds with concerns that the job market is too tight and the economy is operating above capacity

The Times of Houma Thibodaux

Fears of recession, not clear if the fed can steer us through this. to both of you, steve, you start. how do you see it? where are we going? >> this was a good jobs report again but the problem is when you look at the wage data and you guys were reporting on this earlier this morning, you have 8 1/2% inflation right now out there, bill, but you have 5 1/2% wage gain. do the math. it means over the last year, workers are not getting better off, theyre worse off and lost 3% of their income on aver...

The 4.3% figure dropped 0.1 percentage points from the December 2021 rate of 4.4% and dropped 2.2 percentage points from the January 2021 rate of 6.5%.

Moratorium on evictions is a bad policy. it is encouraging people not to get back in the workforce. what i worry a little bit. i do worry about whether this -- the government reaction to the delta variant is going to shut things down again. i hope im wrong about that. we are seeing delays now in school openings, and more and more restrictions on stores. the other thing is im a little more worried than austan is about inflation. i do see it and i think it is getting worse, not better. even though...

Unemployment rate drops 1.3%, number of unemployed falls People who lost their jobs wait in line to file for unemployment following an outbreak of the coronavirus disease, at an Arkansas Workforce Center in Fayetteville, Ark., on April 6, 2020.Nick Oxford / Reuters file Preliminary data for December 2020 released today by the Bureau of Labor and Statistics shows that the number of seasonally adjusted unemployed individuals dropped from the November 2020 figure. Posted: Jan 26, 2021 11:01 AM Pos...

They should be legal and we should have a mechanism for them to come into the country. >> if with have all these great job opportunities, how can the president -- you sat next to him. you were in the white house with him. how can he make the argument that mexicans are stealing all of our jobs, need a wall? >> look, we have 7 million job openings in the united states -- >> youre not answering -- >> its just a fact. we have 3.1% wage growth in the united states. we have real wage growth. the botto...

Get better quality people and interesting, as well. this phenomenon more on the low end of the wage scale than the higher end where it was highly concentrated earlier in the recovery. we have more broad based gains. thats the good news for the domestic economy. mixed news on this is the wage data, the employment data is back ward looking. things like the ism index and china. we hope that we come up with something and more forward looking and we still have some uncertainty out there. today we hav...

Gdp growth this year, then were looking at like 1500 to $2,000 more per person in the u.s. and i think that eventually the wage data are going to catch up with the rapid gdp growth were seeing. and also even on the income side of gdp, were seeing a lot more income and its not showing up yet in the wage service. at least to the extent that wed like to see it. >> i dont think i won the last time i made you a bet on, you know, predicting whats going to happen, but ill just remind you later in the y...