3min chapter

Moody's Talks - Inside Economics cover image

Near Perfect, New Probability

Moody's Talks - Inside Economics

CHAPTER

The Best Employment Report of the Year

The U.S. added 187,000 jobs last month and is on track to add about 200k in the second half of this year. There were a few more industries where you had small losses but no glaring weaknesses. The only dilemmas that you pointed to was wage growth, which kind of seemed a little stuck here a year over year around 4.4%. And just to give people context, what do you think it should be? I mean, if it was ideal, what would it be? You're perfect.

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