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Wages are declining, sure, but from an artificially high peak. https://fred.stlouisfed.org/series/COMPRNFB https://fred.stlouisfed.org/series/COMPRNFB Also, wa
by seizethecheese 4y ago
Wages are declining, sure, but from an artificially high peak. https://fred.stlouisfed.org/series/COMPRNFB https://fred.stlouisfed.org/series/COMPRNFB
Also, wages and inflation are very highly coupled. Wages are a key component of prices.
- gruez 4y ago> Wages are declining, sure, but from an artificially high peak. https://fred.stlouisfed.org/series/COMPRNFB https://fred.stlouisfed.org/series/COMPRNFB Specifically, from all the service workers that were laid off during the pandemic because pandemic related shutdowns (eg. restaurants, resorts)