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A comment on U.S. October PPI Rises 6.5% YoY, Highest in Nearly Four Years. Parent comment

Re:U.S. October PPI Rises 6.5% YoY, Highest in Nearly Four Y... by bryanlarsen on Friday November 13, 2026 @11:37AM (#50485995)
Sure, if labor demand exceeds supply, unemployment will stay close to its natural bottom even in an environment of demand cooling. It's the same mechanism -- the supply/demand curve shifting. First it exhibits as wage increases slowing; then it exhibits as unemployment.

We've seen a lot of the first in 2026 -- wage increases have dropped significantly below the rate of inflation.

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Re:U.S. October PPI Rises 6.5% YoY, Highest in Nearly Four Y... by JumpCrisscross on Friday November 13, 2026 @11:39AM (#50486034)
> if labor demand exceeds supply, unemployment will stay close to its natural bottom

In the private sector. The public sector (and what I'd call non-discretionary hiring, e.g. in healthcare) makes the response a bit more inelastic.

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Re:U.S. October PPI Rises 6.5% YoY, Highest in Nearly Four Y... by toomuchtodo on Friday November 13, 2026 @12:05PM (#50486413)
And healthcare hiring is only going to go up, and remain inelastic, because of an aging population (increasing demand for healthcare services).
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