Name: Job Market Still Strong, Wages Need to Rise
Uploaded: 2024-12-06T15:48:39.671-06:00
Duration: 12 min 54 s
Description: Jordan Shapiro expects a strong November jobs report as he continues to see a great labor market, particularly for higher-skilled workers. He focuses on the quit rate for signs of what’s ahead after the Covid cycle. He also looks at wages, saying “we have an hourly wage problem” vs the regular expenses of life, and thinks we need to see it continue to climb.

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Jordan Shapiro expects a strong November jobs report as he continues to see a great labor market, particularly for higher-skilled workers. He focuses on the quit rate for signs of what’s ahead after the Covid cycle. He also looks at wages, saying “we have an hourly wage problem” vs the regular expenses of life, and thinks we need to see it continue to climb.

Job Market Still Strong, Wages Need to Rise

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