Labor Costs Rising And Unemployment Up As Inflation Surges
andmagazine.substack.com
According to a recent article from CNBC, worker output (labor productivity) fell 7.5% in the first quarter of 2022 - the fasted rate since 1947. But that’s not where it stops… Also in the first quarter of this year, labor costs (as measured against productivity)
Labor Costs Rising And Unemployment Up As Inflation Surges
Labor Costs Rising And Unemployment Up As…
Labor Costs Rising And Unemployment Up As Inflation Surges
According to a recent article from CNBC, worker output (labor productivity) fell 7.5% in the first quarter of 2022 - the fasted rate since 1947. But that’s not where it stops… Also in the first quarter of this year, labor costs (as measured against productivity)