Why Long-Term Unemployment Is Growing While Wages Rise

What this episode covers

With the May jobs report coming Friday and ADP showing private payrolls grew by 122,000 in May, Lucas and Luna dig into a puzzle: wage growth is positive but long-term unemployment is surging. They explore hidden costs for workers, including skill erosion, employer bias, and the scarring effect on future earnings. Citing data on median weekly earnings at $1,204 and the CPI at 332.4, they ask whether a tight labor market is leaving behind the long-term unemployed—and what that means for the broader economy. #LongTermUnemployment #WageGrowth #JobsReport #ADP #CPI #LaborMarket #SkillErosion #HiddenCosts #Economics #Unemployment #EmploymentCostIndex #MedianWeeklyEarnings #FexingoWagesAndPrices #FexingoBusiness #BusinessPodcast #Career #Paycheck #Inflation Keep every episode free: buymeacoffee.com/fexingo

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Frequently Asked Questions

How long is this episode of Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power?

This episode is 8 minutes long.

When was this Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power episode published?

This episode was published on June 5, 2026.

What is this episode about?

With the May jobs report coming Friday and ADP showing private payrolls grew by 122,000 in May, Lucas and Luna dig into a puzzle: wage growth is positive but long-term unemployment is surging. They explore hidden costs for workers, including skill...

Can I download this Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power episode?

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