“Sidenote: The Fed never worries about an “acceleration” of profits, only wages.”
(i think this piece by @FabiusMaximus01 is basically right, but of course the data say otherwise, right?)https://fabiusmaximus.com/2020/01/16/employment-unemployment/ …
Odgovor korisniku/ci @interfluidity
The key data - the primary indicator of supply-demand market balance - is price. Slow real wage growth for hourly workers in this cycle shows that there is no general shortage. The other indicators are of far lower quality (ie, complex calculations). https://www.richmondfed.org/research/national_economy/non_employment_index …
08:46 - 16. sij 2020.
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