Economist: Here's Why Average Hourly Earnings Will Pick Up
Welcome to the June 3rd edition of This Week on Estimize - Economics.
Once again, the team is joined by the Chief Economist of McGladrey, Joe Brusuelas.
In this episode Leigh and Joe discuss the potential of a minimum wage increase, how retail sales no longer fully represent activity in the discretionary market, Q2 GDP expectations, and end with a conversation on the tightening of the labor market and what's expected from the May jobs report on Friday.
Further reading: What To Expect From Tomorrow's Jobs Report
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