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Labor is taking less and less of what it creates home with it, you can't hide that with gamed CPI: https://fred.stlouisfed.org/series/LABSHPUSA156NRUG https://f
by willcipriano 3y ago
Labor is taking less and less of what it creates home with it, you can't hide that with gamed CPI: https://fred.stlouisfed.org/series/LABSHPUSA156NRUG https://fred.stlouisfed.org/series/LABSHPUSA156NRUG
Every recession labor gives up a little more ground and never gains it back.
More reading: https://fredblog.stlouisfed.org/2019/08/capitals-gain-is-lately-labours-loss/ https://fredblog.stlouisfed.org/2019/08/capitals-gain-is-lat...