Surveillance: US Jobs Report with Walsh
Bloomberg Surveillance
00:00
What Did the Gloom Crew Get Wrong About Wage Growth?
Tiffany Welding: The headline numbers were certainly very strong. But once I kind of popped the hood and looked under the details, I actually got a little bit more worried. This was the biggest drop in response rates that we've seen almost ever in the survey. And we are back down to the 1990 levels. So although we were encouraged by the headline numbers, we're certainly cautious still.
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