steve liesn explains. >> reporte a vast study of the u.s. labor market by the pew research center released today finds wages of younger workers have acty decli compared to 1980. the wages of all workers have soared. th study includes a survey of 5,000 americans and an analysis of decades of government data. using 2014 dollars, the study found those age 16 to 24 have seen their incomes decline older workers have seen their wages increase by 37%. over the time period the median income of all workers rose just 6%. that was powered by two groups, those with four-year college degrees and women, who saw 32% gain in income versus a 3% decline in men, closing the gender pay gap. stagnant incomes is a big reason for widespread political dissatisn acr u.s. and other developed countries, one that has the attention of the world bank. >> the only group whose income did not rise between 1988 and 2008 were really the lower middle class and high end countries, from the 75th to the 85th percentile, their incomes did not rise. their complaints, their anger i

steve liesn t a look at what we know and what we don't about the candidates' plan >>> a debate overtaxes finding a sliver of air time amid the personal attack that dominated last night's meeting of the two presidenti candidat here's some of the controversial exchange. we're cutting taxes for the middle class, and i will tell you, we are cutting them big league f middle class. and i will tell you, hillary cl is raising your taxes, folks. you look at me. she is raising your taxes. really high. and what that's going to do is a disaster for. >> so it's true. trump is proposing tax cuts for the middle but it appears to be false that all the low and middle class will benefit. new york univers law prof and former obama aide, lily batchelder said 7.8 million mostly middle class single parent families with children will actually see tax increases, some because trump would repl certainly exemptions and others move up from a lower to higher tax bracket under trump's three-brac plan. the trump campaign has not disputed this but said those families will allowed to file under the old system. tax exper

steve liesn t us why the economy is in focu >> strong numbers from the service sector and better factoryrders got the market's attention along with some hawkish fed comments. the data reverse fears that the economy hit a wall in august, and the rebound would appear to put the fed back on track toward that elusive quarter-point increase that the market has awaited all year. >> if the data continues to improve, if we get a decent jobs number friday, the release i think helps a lot. and if you don't see some sort of move in financial conditions that's quite adverse, i think the fed is clearly setting up for a december hike. >> wall street looking for gains of 170,000 for jobs to be reported friday fo the month of september. and the unemployment rate to remain unchanged at 4.9%. curiously, tha unchanged unemployme rat could actually .e a good sign for the jobs >> we've got some folks that stepped ou work force now coming back in as job opportunit bec more available. that' why the unempl rate is not falling. we're getting stronger labor force growth. >> meanwhile, a bunch of hawkish members o