Sep 4, 2026Despite strong jobs gains, wage growth continues to trail overall inflation. Plus: European tourism, farm machinery, and the week’s economic headlines.
Spencer Platt/Getty ImagesSegments From This EpisodeAllison Joyce/AFP via Getty ImagesThe labor market got a good report card for August, but inflation remains high. That complicates the Federal Reserve’s decision-making process.
Patrick T. Fallon/AFP via Getty ImagesThe latest jobs report shows that, as inflation has risen during the Iran War, wage growth has continued to slide. Wages are now growing at the slowest pace in more than five years.
Emma George-Griffin/WCMU/Harvest Public MediaA tough farm economy and historically high equipment prices are partly to blame.
Nick Paleologos/SOOC/AFP via Getty ImagesIn recent years, American tourists have flocked to Europe. Portugal and Greece in particular have seen a lot of growth.
