The number of people continuing to file for unemployment is falling, which could mean some inflation pressure from higher wages in the future. Average hourly earnings aren’t showing a meaningful boost yet, but there are some data from the Fed that could indicate growing wages. Schwab’s Kevin Gordon examines what we might learn from low jobless claims and what it could mean for inflation and wages.
Subscribe to our channel:
Check out more Insights & Education from Charles Schwab:
Connect with Charles Schwab:
Facebook:
X:
Open an account with Charles Schwab:
[WA26-0921]
source
