What to Watch for in U.S. September Jobs Report

The video discusses the anticipation of the payrolls report and its potential impact on the market. It explores the Phillips curve, highlighting the relationship between employment and wage increases. The analysis includes wage trends and their market implications, focusing on salary increases and average hourly earnings. The discussion also covers labor market health, the participation rate, and the effects of retirement on labor statistics.

Discuss the implications of wage inflation not increasing despite low unemployment rates.

What challenges does the U.S. face in accurately measuring labor force participation?