Wheres My Raise? Wages Lag as Economy Builds Jobs

The video discusses the paradox of job creation and falling wages, exploring supply and demand dynamics, labor force participation, and historical wage trends. It highlights the Federal Reserve's dilemma in deciding interest rates amidst debates on full employment and inflation. Upcoming economic indicators and insights from the Fed are anticipated.

What is the economic paradox discussed in the first section?

• High job creation with falling wages

• Low job creation with falling wages

• High job creation with rising wages

• Low job creation with rising wages

According to Janet Yellen, what indicates it's time to raise interest rates?

• A decrease in unemployment

• An increase in wages

• A decrease in job creation

• An increase in labor force participation

What is the current challenge with the labor force participation rate?

• It is increasing rapidly

• It is decreasing

• It is stable

• It is fluctuating

What is the main debate among economists regarding the Federal Reserve's actions?

• Whether to increase job creation

• Whether to stabilize wages

• Whether to decrease inflation

• Whether the economy is close to full employment

What historical unemployment rate is mentioned as having no inflation?

• 4.2%

• 5.9%

• 5.5%

• 3.8%