How Job Openings Surged Without Wage Growth

April's JOLTS report showed 7.6 million job openings—the highest in two years—yet wage growth remains muted. Lucas and Luna break down the paradox: why employers are posting more roles but not raising pay, and what it says about the labor market's structure in mid-2026. They explore the role of worker churn, sector reallocation, and the Iran war's impact on energy costs reshaping hiring patterns. With the Fed stuck at 3.63% and inflation still sticky, this episode explains why a hot job market hasn't translated into hotter wages—and what that means for the economy ahead. #JOLTS #LaborMarket #JobOpenings #WageGrowth #Inflation #Fed #InterestRates #IranWar #EnergyCosts #WorkerChurn #JoblessClaims #Unemployment #CPI #CorePCE #Economics #FexingoBusiness #BusinessPodcast #EconomicForecast Keep every episode free: buymeacoffee.com/fexingo