Near Perfect, New Probability
Moody's Talks - Inside Economics
00:00
The Importance of Wage Growth
The unemployment rate is expected to move up a little bit here. I'm not worried that it ticked down instead of up just because the labor force is still growing. Government employment was up 15,000 in July. The average in the second quarter was 40,000. It's still up, but definitely slower than it was.
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