Another month, another goldilocks jobs report, showing strong job growth and modest wage growth. One couldn’t reasonably ask for a report that more clearly affirms the Fed’s current policy stance. At the same time, it underlined questions about demographics and the inflation outlook.
The Headline Numbers
As iCIMS’ former chief economist, Josh Wright led a team of data scientists in analyzing emerging trends in the U.S. labor market. With publications ranging from academic journals to national media, Wright previously served as a U.S. economist with Bloomberg L.P., and was a staff researcher at the Federal Reserve.