Lead-Lag Live cover image

The Strong Jobs Market Lie With Jack Gamble

Lead-Lag Live

00:00

Are We Losing Jobs Not Gaining Jobs?

Wages relative to the cost of goods and services have gone down 21 months in a row almost too straight years that is not a market that is short of labor right cost doesn't go down when there's a shortage of something. wages are not rising as fast as inflation so that tells me we actually have an excess of labor because labor is getting cheaper it's not getting more expensive.

Play episode from 37:58
Transcript

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