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Mikal Skuterud: Low-wage labor markets continue to weaken as higher skilled stabilize

Mikal Skuterud: Low-wage labor markets continue to weaken as higher skilled stabilize
Low-wage labor markets show weakness

Mikal Skuterud observes that low-wage labor markets are continuing to weaken, while those for higher skilled workers have stabilized.

The comment highlights ongoing shifts in labor market dynamics between different skill levels.

Skuterud has previously pointed to slow real GDP per capita growth as a sign of economic challenges extending beyond immigration policy. He has also highlighted that senior employment rates have steadily climbed in recent years. His latest comment adds to his ongoing analysis of labor markets across different demographics.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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