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Strong job growth but persistent inflation and stagnant wages, Justin Wolfers notes

Strong job growth but persistent inflation and stagnant wages, Justin Wolfers notes
Economy rated B-minus on mixed signals

Justin Wolfers gave the economy a B-minus grade, citing a mixed set of factors.

Wolfers pointed to strong job growth, persistent inflation, stagnant real wages, rapid AI adoption, and growing wealth concentration as reasons for his assessment.

Wolfers has recently commented on key economic structures. He noted that Social Security is funded by current workers for current retirees, raising challenges as the retiree population grows. In an earlier piece, he emphasized that competition is central to driving innovation and market prosperity.

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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