Photographer: David Williams/Bloomberg

The One Caveat Hanging Over Jobs in America

Wages just aren't rising that quickly

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Every week, hosts Dan Moss and Scott Lanman bring you a jargon-free dive into the stories that drive the global economy.

The U.S. labor market looked pretty strong in June, with more Americans getting jobs and unemployment close to a 16-year low. All strong, with one glaring exception: Wages still just aren't rising that quickly. The question is, why? Yelena Shulyatyeva, a Bloomberg Intelligence senior economist, helps Scott and Dan break it down.


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