MSNBC Sky News on MSNBC March 15, 2022 07:31:00
-- top line, employment is up, unemployment is down. but digging deep, are there a few other things going on that i think economists on the government would be quite worried about. firstly, and importantly, wages and how importantly they compare to inflation. for the second month in a row, now, real wages are down compared to inflation. down a whole percentage points in the three months to january. so that's really significant. i'm really wearing because inflation is very high. and essentially, families get to the point where they feel they can spend their money after the economy, they can aff...