In 2020, do you expect unemployment and wages to be up or down?

[Jack V Savage]

Unemployment is about as low as it can go. Unless there's a recession (maybe 30% of that?), it'll be flat. Here's the graph of real wages for employed workers:

And here's real household income:

Both using "max" time frame. Hard to predict, but generally "up" looks like a good bet. Little bit of a worrying sign at the end of that first one, though.

No individual to thank or blame either way. If you're thinking of policy, where it matters is in helping to recover from a recession. IMO, we're kind of fucked if we have a downturn.

 

[BassAckwards]

wages will be the same for low skill/no skill whereas higher level and technical professions will be up.

unemployment will be about the same as today. we are about as close as we will ever get to full employment. We wont get any better with under employment and most of those that are out of the workforce will remain out.

economy will probably correct itself again