Open Thread July 14, 2023 Labor Costs are an Issue?

Powell: “Labor costs are really the biggest factor in most parts of that sector (service),” Powell said. “We need to see a better alignment of supply and demand in the labor market and see some more softening in labor market conditions so that inflationary pressures in that sector can also begin to subside.”

Open Thread July 9, 2023 US Debt, Angry Bear, angry bear blog