Labor market pressure grows as hiring stalls, Anna Wong signals

Labor market pressure grows as hiring stalls, Anna Wong signals
Fed labor risk as efficiency rises

Anna Wong highlights that the latest Orange Book suggests the Federal Reserve cannot be complacent about the labor market.

She points out that businesses are responding to rising input costs by prioritizing operating efficiency, which she notes is often a code word for not hiring, with only a few industries exempt from this trend.

Earlier this month, Anna Wong released the Orange Book June 2026 edition, highlighting leading macro signals drawn from corporate earnings calls. In May, she pointed to Bloomberg Price Project findings that tracked inflation pressures in categories such as computers and airfares covering 85 percent of the CPI basket. Wong’s recent updates focus on real-time economic momentum and price trends.

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