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Thanks for sharing! Another commenter mentioned that labor shortages on the low end might be related to stimulus payments and pandemic unemployment payments -
by helen___keller 5y ago
Thanks for sharing!
Another commenter mentioned that labor shortages on the low end might be related to stimulus payments and pandemic unemployment payments - if so then I suppose what we'd expect is that if inflation remains high over the next year as we go without stimulus and pandemic unemployment payments, any labor shortages (and corresponding boost in wages) will quickly end, and we will proceed to observe the cited effect - that the remaining inflation hits the poor the hardest.