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very, very high levels of employment and low levels of unemployment. basically the data saying that more americans are working. so as more americans start to work, you'll start to see some of those job gains maybe slow down a bit. >> talk to us about wages, though. because unemployment isn't the issue. we have been at full employment basically since the president -- president obama handed president trump an economy where we were at full employment. the issue is that companies have gotten so efficient, they've got us all working part-time jobs. wages are capped. you might have a job at whole foods but it's for 31 hours a week and you can't get yourself any benefits. when are we actually going to see the wage impact? because at any other time in the economy, you would see wages notch higher and they simply haven't in any significant way yet. >> no, stephanie, that's a great point. the thing that many people are looking for on wall street and elsewhere on main street especially is when is my paycheck going to get bigger? there's no doubt that wage growth has been stagnant.

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