Kyle Risdell

We'll get first-time claims for unemployment benefits on Thursday.

That is not an A-list indicator, but it can give us some good context.

And then Friday, the biggie non-farm payrolls is what the BLS calls it.

The jobs report is what the rest of us say.

And it will include, among a whole lot of interesting data, how much people are getting paid.

That's all the more relevant now, because back in April, inflation outpaced wage growth for the first time in three years.

Daniel Ackerman gets us going with what's what with worker wages.

Wall Street, to start the week, tell me there's a disconnect between the markets and the news.

Without telling me there's a disconnect between the markets and the news, I'll go first.

Equities today, that's stocks, record highs.

Oil up 4.5% to 5.5%, depending on which benchmark you like.

Think about it.

We'll have the details when we do the numbers.

Jobs and job data, as it happens, come in all varieties.

And we're going to look at manufacturing right now.

Manufacturing, which was in a slump last year, due in part to the president's on-again, off-again tariffs, is growing pretty nicely right now, thank you very much.

Factory production, new orders, imports and exports, all of them up.

Manufacturing jobs, though...

Not so much.

Factory payrolls are still contracting.