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So how do our job numbers

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stack up and

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how have they trended since

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your last Labor Day report?

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00:00:05,539 --> 00:00:06,607
Yeah.

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It's been a really rocky time

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for the economy.

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It was a great report today

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from the national level.

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But, on net

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the national labor market

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has barely grown since

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January of 2025.

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And Wisconsin, as of the data

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that came out last month

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Wisconsin's total job base

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had actually fallen

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and was slightly below

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where it had been

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in January of 2025.

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You say there's concern that

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inflation could wipe out

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wage gains of 2026.

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How so?

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So yeah, that's even true

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in the national report

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from today.

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Inflation

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the rate of inflation is higher

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than the rate of wage growth.

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This is what happened in 2022.

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Wages, workers wages

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went up in nominal terms

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but the cost of living

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just wiped that right out.

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That looks like what

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we're heading into for 2026.

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So while we got a high in 2025

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and that's great news

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2026 looks much less likely

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that that will be a strong gain

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and possible that it will be

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a loss because of the

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high inflation.