CNN CNN Newsroom With Alisyn Camerota and Victor Blackwell November 5, 2021 18:35:00
Thought. the vexing thing in labor markets right now is there is still a lot of workers on the sidelines. >> yeah, the participation rate still pretty flat. we saw wages rose by .4% up almost 5% from where they were a year ago. but when you balance that with or against the inflation, the increasing cost of groceries, of gas as well, less impressive when the cost of everything else is up. >> absolutely. you have tight labor market so workers are getting big raises. those raises are not as big as the inflation that their experiencing. and so on average workers are falling behind. it varies from ...
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