Wholesale Prices Decline

The Producer Price Index (PPI) reported a 0.1% decrease in wholesale prices for August. This decline comes amid concerns over August’s disappointing jobs data and significant revisions to labor figures expected from 2024 to early 2025.

Labor Supply Trends

Ed Yardeni, President of Yardeni Research, highlights labor supply trends influenced by immigration policies and the demand for skilled workers. He also addresses challenges younger workers face in securing employment, linking these issues to the overall economic landscape.