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Tuesday, April 11, 2023

Commentary: Once Again, Wages Are Rising Slower than Inflation

This week’s jobs report reveals the labor market is finally starting to crack under the weight of two years of Bidenflation and the resulting rapid increase in interest rates. 

The economy created the fewest jobs last month than in any month in Biden’s presidency. The average weekly hours for employees also fell again.

3 comments:

  1. Inflation rising faster than wages? Hasn't it always?

    ReplyDelete
    Replies
    1. Depends on who you define "inflation".

      Delete
  2. It's all part of the plan.....

    ReplyDelete

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