Moody's Talks - Inside Economics cover image

July Jobs: Ugh! Yikes! Eesh! Hmmm….

Moody's Talks - Inside Economics

00:00

Economic Indicators and Labor Market Trends

This chapter analyzes recent shifts in economic indicators, focusing on the one-month diffusion index which has dropped below a key threshold, raising recession concerns. The discussion highlights the significance of wage growth, reporting an annualized increase of 3.4% in private industry wages, the lowest since 2020, and its implications for labor market conditions. Through engaging exchanges, they explore the complex relationship between wage growth, inflation, and productivity in the current economic landscape.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app