Wages
47 postsIt's About The Supply-Side: How The Phillips Curve 'Motte-and-Bailey' Misses and Misspecifies Inflation Dynamics
Summary Inflation and interest rates remain high enough that now is not a time for 'soft landing' victory laps, but the growing and broadening evidence of...
Labor Market Recap July 2023: Slowing, but Strong
The July 2023 labor market data continues to confirm the story we’ve been telling for months: while slowing down, the labor market remains strong, with high levels...
Paid-members
Labor Market Recap June 2023: Despite Headline Miss, the Labor Market is Strong
The data from the June labor market shows continued strength in the labor market, with strong employment and wage growth. The headline unemployment number fell to 3.6%...