Michael Gapen Says Treasury Markets Are Likely Responding to Wage Data

Michael Gapen Says Treasury Markets Are Likely Responding to Wage Data

Assessment

Interactive Video

Business, Social Studies, Life Skills

University

Hard

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The video discusses how treasury markets are reacting to recent wage data revisions, highlighting discrepancies between supervisory and non-supervisory worker earnings. It explores the potential impact of one-off bonuses from tax cuts on wage data and suggests that markets are responding to unexpected wage increases. Additionally, the video notes stronger-than-expected performance in the goods sector, particularly in construction and manufacturing.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How do the supervisory and non-supervisory components differ in the wage data?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the main surprise in the employment side according to the text?

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