What to Expect From the December Jobs Report

The video discusses employment and manufacturing trends, highlighting positive signs in manufacturing employment. It explores wage growth and unemployment, referencing Professor Danny Blanchflower's analysis and Janet Yellen's views on labor market slack. Inflation is examined as a lagging indicator, with insights from Torsten of Deutsche Bank. The Federal Reserve's approach to economic conditions is analyzed, noting a shift towards a more hawkish stance due to diminishing labor slack and potential wage pressures.

What does the speaker suggest about the manufacturing ISMA employment?

How does the speaker view the relationship between unemployment rates and wage pressures?

What is the significance of inflation being a lagging indicator according to the speaker?

What concerns were raised during the December meeting regarding labor slack?

What predictions were made about job growth and hiring managers' actions?