JIM GLASSMAN: It's not a wage problem, it's a skills problem

Jim Glassman, the managing director and head economist for commercial banking at JPMorgan, previews Friday's job report. He said he's more interested in the jobless claims number, as opposed to monthly non-farm payrolls, because they give a better indication of economic trends. Glassman sees the US as fairly close to reaching full employment, citing "steady, solid gains." He then goes on to discuss the skills gap in the labor market.


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(Source: The Bottom Line with Henry Blodget)