Why the Fed Is Watching Wage Growth Not Jobs

What this episode covers

With the May jobs report due Friday and unemployment claims rising to 225,000, Lucas and Luna dig into why the Federal Reserve is paying more attention to the Employment Cost Index than to headline payroll numbers. They break down how wage growth in the ECI hit 177.5 in Q1 2026, up from 176.23, and why that matters more for interest rates than the 159 million jobs number. Plus, they connect the tight labor market to the recent ADP report showing 122,000 private payrolls added in May—stronger than expected—and what that means for the inflation fight. A focused look at the data point that could determine the next rate move. #LaborMarket #WageGrowth #EmploymentCostIndex #FederalReserve #ECI #JobsReport #Inflation #InterestRates #ADP #JOLTS #UnemploymentClaims #Payrolls #MayJobs #Economics #FexingoBusiness #BusinessPodcast #Podcast #LucasAndLuna Keep every episode free: buymeacoffee.com/fexingo

Share this episode

Similar Episodes

I'm ok

Mar 26, 2026 ·1m

Food Saved My Life

Mar 19, 2026 ·34m

Eat More Vegetables: The 4 Foods That Beat Ozempic (Naturally)

Feb 18, 2026 ·11m

How to End Heart Disease with Dr. Fuhrman

Feb 11, 2026 ·45m

Revolutionizing Breast Health: QT Imaging, Overdiagnosis, and What to Do Instead

Jan 27, 2026 ·35m

REMIX: Why we over-shop and compulsively acquire, and how to stop, with Dr Jan Eppingstall

Jan 9, 2026 ·61m

Similar Podcasts

MG Show MG Show The MG Show, hosted by Jeffrey Pedersen and Shannon Townsend, is a leading alternative media platform dedicated to uncovering the truth behind today’s most pressing political issues. Launched in 2019, the show has grown exponentially, offering unfiltered insights, comprehensive research, and real-time analysis. With a commitment to independent journalism and factual integrity, the MG Show empowers its audience with knowledge and encourages active participation in the political discourse. Ask A Spaceman Archives - 365 Days of Astronomy Ask A Spaceman Archives - 365 Days of Astronomy Podcasting Astronomy Every Day of the Year Breaking News Show | eTurboNews Juergen Thomas Steinmetz News is relevant to the global travel and tourism industry, human rights and global issues.Breaking news when it happens and only from the source. Eat to Live Jenna Fuhrman, Dr. Fuhrman Our health is our most precious gift and smart nutrition can change your life. Each month, join Dr. Fuhrman and his daughter, Jenna Fuhrman as they discuss important topics in the world of nutrition. Eat to Live will change the way you eat and think about food.

Frequently Asked Questions

How long is this episode of The Labor Market Podcast with Fexingo: Jobs Reports, Unemployment, and Wage Growth?

This episode is 6 minutes long.

When was this The Labor Market Podcast with Fexingo: Jobs Reports, Unemployment, and Wage Growth episode published?

This episode was published on June 7, 2026.

What is this episode about?

With the May jobs report due Friday and unemployment claims rising to 225,000, Lucas and Luna dig into why the Federal Reserve is paying more attention to the Employment Cost Index than to headline payroll numbers. They break down how wage growth in...

Can I download this The Labor Market Podcast with Fexingo: Jobs Reports, Unemployment, and Wage Growth episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.