Claudia Sahm believes the latest jobs report is not worrisome for the Federal Reserve because wage growth remains moderate and is slowing.

According to Claudia Sahm, U.S. wages are not keeping pace with inflation, which limits consumer purchasing power but also reduces the risk of a wage-price spiral.

Citing research from the Cleveland Fed, Claudia Sahm does not expect recent jobs data to be substantially revised downwards and notes that administrative data might even lead to an upward revision for...

Claudia Sahm believes the May jobs report is not a major concern for the Federal Reserve because wage growth remains moderate.

Research from the Cleveland Fed suggests that recent substantial downward revisions to payroll data are not anomalies and the survey models are not broken.

Administrative data indicates a potential upward revision for last year's payroll numbers, which will be released in the spring.

Claudia Sahm believes the May jobs report is not a worrisome print for the Federal Reserve because wage growth remains moderate and is slowing.

Claudia Sahm does not believe the recent strong jobs numbers will be revised down, citing Cleveland Fed research indicating that recent downward revisions were not anomalies that broke survey models.

Administrative data suggests there might be an upward revision to U.S. jobs numbers next year.

Claudia Sahm believes the May jobs report is not a concern for the Federal Reserve because wage growth remains moderate and is slowing.

Claudia Sahm stated that based on administrative data, there is a possibility of an upward revision to the previous year's U.S. jobs data, which will be released in the spring.

Claudia Sahm cited research from the Cleveland Fed indicating that recent substantial downward revisions to U.S. jobs data are not necessarily a new anomaly.

Claudia Sahm cites research from the Cleveland Fed indicating that last year's U.S. jobs data might receive an upward revision in the spring.

Claudia Sahm believes the May jobs report is not a concern for the Federal Reserve because wage growth remains moderate and is slowing, which mitigates inflationary pressures.