CSPAN Washington Journal Eric Morath Discusses The May Jobs Report June 3, 2017
What is the main take away from the latest jobs report . The Unemployment Rate is lower than many people can remember in recent history, but one of the curiosities is we have not seen wage growth go along with that. Workers are not feeling the effects of such a tight labor market. Host what accounts for that . Guest there is a number of factors that we looked at. Has come ins growth lowwage fields like restaurants. Workers are competing on a global scale. It is not about workers in pennsylvania competing with workers in pennsylvania, it is competing with workers in mexico , who earned a lot le...