Hard to have wage growth if you have an excess supply of workers. So either you need job growth to outpace workforce growth, or you need to eliminate workers (

Hard to have wage growth if you have an excess supply of workers. So either you need job growth to outpace workforce growth, or you need to eliminate workers (e.g. less immigration, lower retirement age, shorter work week / lower overtime thresholds). The job growth is impressive - at least, it’s the best job growth we’ve ever had in one run. It would be nice if it could keep running for another 24 months at least.