U.S. Wage Growth Tepid Despite Solid Hiring

The transcript discusses the latest economic report, focusing on wage growth and job gains. Despite impressive job growth, wage gains remain disappointing, but not enough to alter the Federal Reserve's course on rate hikes. The report is considered a clean read after previous disruptions caused by hurricanes. Widespread job gains are noted, particularly in retail and construction, indicating a healthy economic outlook. The performance of these industries is highlighted, with expectations for future wage gains.

What signs indicate a healthy economy going forward according to the report?

What challenges are retail and construction industries currently facing?