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Interesting spin on article, it talks how we have had booming employment growth, but without pressure on wage growth — and it seems likely from higher than usua
by nytesky 3y ago
Interesting spin on article, it talks how we have had booming employment growth, but without pressure on wage growth — and it seems likely from higher than usual immigration. They frame it as helping curb inflation, but I thought the wage price spiral wasn’t really the cause of recent price increases, and in fact suppressing wage growth would be pretty harmful for most earners?