Tight Labor Market Could Spur Rebound in Wage Growth -- Market Talk
Dow Jones2026/11/06 15:261026 ET - The October jobs report suggests that the labor market is tight, meaning wages can be expected to rise as firms compete for workers, LPL Financial's Jeffrey Roach says in a note. The report was much hotter than expected and included a significant upward revision for September's gains, Roach says. Unemployment fell as participation rates rose, he says. Wages meanwhile grew 3.1% from a year ago, not quite keeping up with inflation, the economist says. That should start to rebound from here, given the strong demand for labor in sectors such as healthcare services, Roach says. (dean.seal@wsj.com)
(END) Dow Jones Newswires
November 06, 2026 10:26 ET (15:26 GMT)
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