Re:CPI for all items rises 0.4% in August, 2.9% YoY; shelter...
by Yoric on Thursday September 11, 2025 @02:48PM
(#45214828)
Do they have power to insist on bigger raises?
Re:CPI for all items rises 0.4% in August, 2.9% YoY; shelter...
by throw0101d on Thursday September 11, 2025 @03:53PM
(#45215482)
> Do they have power to insist on bigger raises?
Depends on the "they". These folks seem to have:
* https://en.wikipedia.org/wiki/2024_United_States_port_strike
If people think prices will go up they will insist on bigger raises. It's why expectations can be as important as what 'actually' happens:
* https://en.wikipedia.org/wiki/Wage–price_spiral