Here’s 2007-08:
Category Archives: labor market
“the employment cost index: wages and salaries shows a decline since 4Q19”
I do not understand how one can write this sentence in 2023, and still be living on this planet. I retrieved data from FRED (ECIWAG), version posted on October 16, 2023. I plot:
Real Wages
“Real wages have been stagnating”
That’s a quote from reader JohnH. I think whether this statement is true depends on wage measure, deflator.
Guest Contribution: “Do not freak out about the Jobs-Workers Gap (or the Sahm Rule)”
Today, we are fortunate to present a guest contribution written by Paweł Skrzypczyński, economist at the National Bank of Poland. The views expressed herein are those of the author and should not be attributed to the National Bank of Poland.
The Foreign Born Labor Force
and wages in food processing:
The Household Employment Series Turns Down
Does this mean we should be expecting the recession, in next month’s or month after’s data? Maybe, maybe not.
Real Wage Growth – Mean and Median
With the labor market release, we have a new read on real wage growth.
Real Wage Growth and Inflation Prospects
On MarketPlace with Justin Ho, yesterday. I remarked that wage growth (on a 12 month basis) still outstripping inflation.
Mean and Median Cumulative Wage Growth
Inflation has not kept with wage growth over the last year.