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Wages Up. Inflation Down. Strong Economy? Depends Who You Ask.
The NPR Politics Podcast
Introduction
This podcast was recorded at 1.06 PM on Thursday, June 15, 2023. Employers added 339,000 jobs in May; even sectors where you'd expect to see a slowdown like construction are still hiring. Average wages in May were up 4.3% from a year ago but prices rose over that 12 month period. The administration has been waiting for inflation to not eat up all those wage gains.
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