Re:Inflation rises to 7% in December (led by energy)
by Ericson2314 on Wednesday January 12, 2022 @05:00PM
(#29913307)
wages counts in inflation. The poor may be better off or not based on what is stickier.
We all know labor is weak, so we start expecting wages to rise last, but that is not what happened this time, for there was a genuine tightening of the labor market.
We all know labor is weak, so we start expecting wages to rise last, but that is not what happened this time, for there was a genuine tightening of the labor market.