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Joseph Wang & Mark Yusko: Week In Review: SBF, Powell, and Jobs | Weekly Roundup

Supply Shock

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What's the Biggest Cause of Higher Wages?

We actually have fewer people working today. Labor participation rate is low, especially among boomers. So that's kind of the huge macro sea change that's contributing to higher wages. And at least in my personal experience, I do see a lot of help-wounded signs.

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