Moody's Talks - Inside Economics cover image

Full Employment, Failing Banks

Moody's Talks - Inside Economics

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Is There Something to the Minimum Wage Increases?

I'm surprised no one took my pet theory. Maybe you guys don't buy into it and that's inflation expectations. Most minimum wage workers work in retail or leisure hospitality, which is where you saw this job growth and demand for labor too. I think all of the, you know, all the things we mentioned probably come together to give you that percentage point percentage point.

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