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Full Employment, Failing Banks
Moody's Talks - Inside Economics
Wage Growth
Wage growth was up 0.2% month over month and 4.6% year-over-year in the third quarter. Merson: I think maybe there could be some composition issues that are sort of keeping it down a little bit in recent months. He says workers don't feel quite as comfortable jumping from job to job, which will take some pressure off of wage growth. Chris Hagan: The labor market has not eased by any meaningful measure that we look at,. So what do you think is going on? How would you explain that?
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