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we re so grateful to have you this sunday, june 26th. thank you for starting your week with us. a bittersweet morning here at cnn. it is christi s last day for us. i didn t preread that. yeah, after nine years. thank you so much. i m so glad that you are here. i m thrilled to be here with you to send you off in the right way. we ll have more about that and give her a great farewell in the next couple of hours. i appreciate that. we want to get to what is on your mind, we want to begin with the war in ukraine, of course. there is some news there looming over this meeting of g-7 leaders in europe. the explosions rocked theital o morning. between four and six missiles were launched at kyiv using russian strategic bombers. president biden is going to try to keep u.s. allies united against russia, even as he faces anger and frustration back home over inflation. the rising cost of gas and food and fears of a recession. he and other world leaders are going to look for ....
Biden last year. the effect went for too long and you have major supply chain issues. when you have really strong demand hitting really constraint supply that s going to drive prices up. it s complicated and the solution is mostly involving the fed raising the rate but there s some things the president and congress could be doing to take some pressure off of that. i want to take some of the stress off of wages. wages back in covid days had really spiked. so like june 2020, wages were way up and i think here we see wages versus inflation. i think the blue are the wages. and now that they re crossing over. so where are we with wages right now. is it still an employees market? wages are growing in nominal termless. terms. i mean the actual dollars on my paycheck have gone up but what ....
Organizations that have done it well, i don t know that we have ever seen anything like this before. so the proof in the pudding is five to ten years from now. i think probably people at home who are sitting here thinking i got out of the workforce, i was unhappy with my job, and now i want to get back in, or there are people who are in a job and they want to make a shift, what does this mean for them? what is the impact? it is a actually it is a wonderful impact. i ll tell you why. this is the day and age in which employers are begging employees to come to work because i don t care if you re in california, i don t care in you re in milwaukee, you ll see help wanted signs you have organizations saying we cannot continue to run our operations with this limited number of employees. what they re finding is that it is the employees market, but there is an added caveat, it is the employees market, but you can dictate what you want what you re willing to tolerate, what ....