Furman: Seeing Real Wage Gains for American Workers

The video discusses wage trends in August, highlighting real wage gains despite slower growth compared to the previous month. It examines labor force participation, noting demographic impacts and the role of a strong economy in counteracting these trends. The discussion extends to how labor trends affect wages and employment, with a focus on the criticism that wage growth is concentrated in low-paying sectors. Overall, the video emphasizes the importance of wage growth across all job sectors, noting that wages have been rising faster than inflation for over three years.

In what ways have wage gains varied across different job sectors?

What does the consistent rise in wages compared to inflation indicate about job quality?