Why Aren’t Widespread Labor Shortages Translating Into Roaring Wage Inflation?
Google “labor shortage” or “wage hikes” and the result is a picture of an overheating economy. Some examples from August 10: 911 Emergency: Call Centers
Google “labor shortage” or “wage hikes” and the result is a picture of an overheating economy. Some examples from August 10: 911 Emergency: Call Centers
Here’s a new indicator for you: It seems that the difference between the price of oil here and abroad is a measure of tightness in
Economists have been struggling to explain how unemployment can fall to 4% without wages starting to accelerate. The following chart shows paychecks rising at about
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