Detailed text transcripts for TV channel - CNN - 20180727:12

Detailed text transcripts for TV channel - CNN - 20180727:12:42:00

positive move in real wages. how do you explain that? >> it's very difficult to explain right now given that unemployment is relatively low. it's usually low. employers say they can't find workers, and yet as you point out wages are flat. it's unclear what's going on. wages always rise during a recovery, but we're in like one of the largest recoveries on record. some of this may be compositional, the younger people coming into the work force, maybe earning less than the boomers who are retiring. some on the fact employers are relying more on one time bonuses rather than wage increases. if we want to talk about whether trump economics is working, it's certainly not working for workers but we don't know why. >> wages hasn't been rising quite as fast as we'd like. the numbers i've been looking at, they've shown a bit of a bump up in wages. catherine made a good point, the

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