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Good? Bad? Market economies do not operate based on these notions. This certainly indicates a slowing in demand for labor. Employment rate is not the full pictu
by CameronNemo 7y ago
Good? Bad? Market economies do not operate based on these notions. This certainly indicates a slowing in demand for labor. Employment rate is not the full picture either -- wages being stagnant would support the low demand for labor hypothesis even if employment was high.
- merpnderp 7y agoHit this link and use the Wage Level filter. The poor are seeing faster wage growth than any other income quintile. The richest wage earners are seeing the slowest growth - income equality must be dropping quickly, even if wealth inequality might not be do to stock ownership. https://www.frbatlanta.org/chcs/wage-growth-tracker.aspx https://www.frbatlanta.org/chcs/wage-growth-tracker.aspx