> It's interesting that the article is quick to blame "increased labor costs" and low unemployment (???) but then doesn't explain why prices for some items actu

> It's interesting that the article is quick to blame "increased labor costs" and low unemployment (???) but then doesn't explain why prices for some items actually went down again. I don't really have a strong opinion on the veracity, but I think the guy being interviewed is trying to provide an explanation for why restaurants specifically have 4x more MoM inflation than groceries. I don't think he's making an overall claim about the cause of recent inflation. As far as the relationship between increased labor costs and low unemployment, lower unemployment gives workers more opportunities to vote with their feet and gives unionized workers more bargaining power.