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Series: 5 on 45 Podcast
A man prepares a meal near a "help wanted" sign hanging in a restaurant window in San Francisco, California November 17, 2011.   REUTERS/Robert Galbraith  (UNITED STATES - Tags: BUSINESS EMPLOYMENT) - GM1E7BI0Y3E01
Podcast

Did the jobs report show good news?

Ryan Nunn, policy director of the Hamilton project, explains that despite a lack of growth in real wages, household income is rising. He also discusses how these numbers are calculated and what they signify about the health of the US economy.

Related content:

If real wages aren’t rising, how is household income going up?

Place-based policies for shared economic growth

The recent rebound in prime-age labor force participation

 

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Ryan Nunn

Assistant Vice President for Applied Research in Community Development - Federal Reserve Bank of Minneapolis

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