U.S. Labor Costs Jump, Indicating Rising Inflationary Pressures
The odds of a Fed cut are evaporating amid the blaze of hotter than expected inflation figures.
The odds of a Fed cut are evaporating amid the blaze of hotter than expected inflation figures.
Every keeps saying the labor market is going to soften one of these days. Just not yet.
Wages and salaries are up by a record amount. Unfortunately, the cost of living is rising even faster.
Average wages were up
Powerful evidence that enhanced jobless benefits are giving rise to the labor shortage businesses have complained about for months.