While Wednesday’s Producer Price Index (PPI) reported wholesale prices to have fallen by 0.1% in August, the US economy must still contend with last month’s disappointing jobs data and major revisions to labor figures from 2024 to early 2025.
Yardeni Research President Ed Yardeni comments on labor supply trends, tying it together to immigration policies, skilled worker demand, and concerns around younger workers finding a job.
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