What to Expect From June's Jobs Report

The transcript discusses employment trends, focusing on job growth and the Fed's projections. It highlights the Fed's desire for job growth to exceed labor force growth to improve the labor market. The discussion also covers market reactions to potential rate hikes and inflation expectations, emphasizing the importance of wage growth as an indicator of economic health. The Fed's cautious approach to policy changes based on employment data is also examined.

What does the wage figure indicate about the labor market?

What factors might lead the Fed to act on interest rates?