Why the Labor Market Is Splitting in Half

The May jobs report is out Friday, but the real story isn't the headline number — it's the growing gap between the booming high-end services sector and the struggling lower-wage industries. Lucas and Luna dig into the data behind the divergence: why job openings hit 7.6 million in April while long-term unemployment keeps rising, and what that means for workers in retail, hospitality, and manufacturing. They look at how energy costs from the Iran conflict are widening the split, and why the Federal Reserve can't fix this with interest rates alone. A focused, data-driven conversation about a labor market that's no longer one economy. #LaborMarket #JobsReport #Unemployment #WageGrowth #EconomicDivergence #JOLTS #MayJobsReport #LongTermUnemployment #EnergyCosts #IranConflict #FederalReserve #HighEndServices #LowerWageWorkers #Retail #Hospitality #Manufacturing #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo