Wage Pressure Coming as Unemployment Nears 3% by Year's End, RBC Says

The video discusses economic trends, focusing on wage growth and challenges in the U.S. labor market. It highlights the tight labor market and potential for unemployment to drop, which could increase wage pressure. The discussion also covers data aggregation and its impact on understanding wage disparities across different sectors. Despite improvements, returning to early 2000s wage levels is deemed difficult.

What are the key points made about the wage growth for different socioeconomic groups?

How does the speaker characterize the aggregated data regarding wage growth?