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Wages Set to Avoid Price-Spiral as Private-Sector Jobs Surpass Pre-Pandemic Rate

Published: July 8, 2022

The Fed’s plans for aggressive rate hikes are based on a concern for a 1970s-type wage-price spiral.

Source: truthout.org

Related Topics:

Drop In Labor Force ParticipationChild Care Centers Add JobsMore Normal Job Growth In HotelsAgain Adds JobsManufacturing Employment Above Pre PandemicRetail AddMore Normal Job GrowthEmployment Still Far Below Pre PandemicGovernment AddsEmployment Still DownLabor Market Slack Hits RecordLabor Force ParticipationAverage WorkweekUnemployment DueVoluntary Quits RisesStill Below