Wage Side News Today

hey yeah. as evan waits for his next day in court, his parents say they understand the conviction rate in russia as just about 100% so they dont have a lot of hope right now that he will be freed anytime soon, but they were given some relief when they got to physically see and speak with evan at his last pretrial detention hearing. its even harder now to leave him there. then it was the first time trying not to think about anything. its just very hard. that was part of a new interview...

los angeles. well watch for it and cover it if it happens. im harris faulkner and you are in "the faulkner focus". the inflation rate last month rose 8.6% from one year ago. the fastest pace since december 1981. thats up from 8.3% in april. it is hot. i told you, its running hot. the energy sector hit hard. prices there for gas, heating, electricity have skyrocketed. prices of meat and eggs surging the double digits. the white house is ignoring the people its supposed to serve and they...

The numbers are down. business equipment is falling. when you see the business side weaken, fall, and so forth. thats a leading indicator of recession. it is not the consumer side that leads when you have down turns, its the business side. my point is these were very soft numbers and on the wage side if i can add to that, wages -- average weekly earnings up 3.7%, up 3.7% for the month of june, average weekly earnings. that is again below the inflation rate. the average hourly earnings 4.4% is ev...

To jobs that they prefer, better jobs, often with better pay. thats one of the reasons why you see some very nice pressure on the wage side. you talked about a 5.7% increase. thats the fastest wage gains thus far over the pandemic. if you look at middle and lower wage workers you get closer to 7%, 6.9% year over year for wage gains. thats a sign of upward mobility, where rates enable people to take better jobs. another consequence, by the way, of one of the tightest job markets i have seen in my...

But this trade war, i think it is going to hurt a lot more people than it is going to help. im nervous about its impact, even in the medium terms. >> let me zero in on that. we have a strong economy. the question becomes, was a protractor trade war impact the fundamentals of our strong economy? youre concerned president trump may do something about that. let me read this to you. we got a better than expected jobs roreport for june. 213,000 jobs. unemployment slightly rose from 37 3.8% to 4%. are...

Wages. that is difficult to show in a tangible manner as you are trying to sell the bill. democrats are unified in opposition, republicans who are staring at in the five, six, seven year future time frame, individual cuts for people change into individual tax increases are questioning, is is this really going to create the growth, particularly on the wage side that will actually help this plan? if it doesnt, republicans are in a bad place right now. erin, i tell you, why you see house and senate...