Post
Elise Gould
elisegould.bsky.social
did:plc:pboltvj6wr6gaituw2s6mrwq
Nominal wage growth continued to decelerate in Sept, rising just 3.0% over the year. Slowing nominal wage growth suggests workers don't have the leverage to bid up their wages. Even with low unemployment, the depressed hires rate means workers aren't finding new jobs to raise their wages.
#EconSky
2026-10-02T13:05:55.461Z