Krueger: Job Market Healing, Not at Full Employment

The transcript discusses the upward revision of job reports for September, highlighting the addition of 191,000 jobs. It emphasizes the ongoing recovery of the job market, with a focus on wage growth and its implications for inflation. The Federal Reserve's perspective on the current economic situation is explored, noting that the market is not overly concerned about inflation. The discussion concludes with an analysis of the inflation target and the potential for continued economic recovery.

What was the initial report of jobs added in August, and how was it revised in September?

What does the report suggest about the job market's recovery?

How does wage growth relate to inflation according to the discussion?

What is the significance of the 2% inflation target mentioned in the text?

What does the speaker imply about the future of the job market and wage growth?