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> The continued drop in labor costs Odd way to start the article when later on > Earlier this week, Donavan said the slowing labor cost growth underscored “ho
by dehrmann 4y ago
> The continued drop in labor costs
Odd way to start the article when later on
> Earlier this week, Donavan said the slowing labor cost growth underscored “how little of the current inflation is labor related.”
Not arguing with the overall premise, but labor costs are still going up.
- ydlr 4y agoIt is _unit_ labor costs that are decreasing. In this case, because the price companies are getting for their goods is increasing faster than wages are growing.