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With the number of unemployed dwindling, businesses have been forced to raise hourly pay to keep and attract workers. In the final three months of 2021, wages jumped at a 6.2% annual rate.
WASHINGTON (AP) -- With inflation surging, unemployment falling and wages rising, some economists are warning the Federal Reserve may have waited too long to reverse its ultra-low-rate policies -- a delay that could put the economy at heightened risk.
WASHINGTON (AP) — With inflation surging, unemployment falling and wages rising, some...
With inflation surging, unemployment falling and wages rising, some economists are warning that the Federal Reserve may have waited too long to reverse its ultra-low-rate policies, putting the economy at heightened risk.
WASHINGTON (AP) — With inflation surging, unemployment falling and wages rising, some economists are warning that the Federal Reserve may have waited too long to reverse its ultra-low-rate policies —