…to increase wages in order to attract workers to their openings. But since this left other jobs vacant, those employers had to increase wages as well, to keep pace. I…

…it’s ever been in U.S. history. Wages have not been decreasing in real terms due to inflation. Even as prices have gone up, wages have mostly kept pace. Real median…

…dishonestly helping them tell it. As national issues go, inflation is emphatically not on a par with, say, the trashing of reproductive rights, or the accelerating pace of climate catastrophes,…

…of consumer spending has continued to increase, at a slower pace. Since real personal consumption expenditures is the flip side of the coin of real retail sales, but more broadly…

…past week. At this point all 3 of my primary indicator systems – the long and short leading indicators tracked by the Conference Board and ECRI (pace Prof. Geoffrey Moore),…

…are able to find new jobs pretty quickly. But the trend is deteriorating. At its recent pace, the 4 week average of initial claims is likely to go negative YoY…

…There were again downward revisions to previous months’ data. Wages increased at the lowest pace in nearly two years. This does not suggest to me that a recession is imminent,…

…They have already rolled over at a pace consistent in the past with the onset of recessions: On a weekly basis I track the ASA’s Staffing Index, which has weakened…

…to continue lashing the economy with interest rate increases, albeit at a slower pace. “September consumer inflation; function of fictitious “owners’ equivalent rent”+ new cars,” Angry Bear, angry bear blog…