For Labor And Recession, The Bad One

By |2019-11-08T17:11:03-05:00November 8th, 2019|Economy, Federal Reserve/Monetary Policy|

There’s a couple of different ways that Unit Labor Costs can rise. Or even surge. The first is the good way, the one we all want to see because it is consistent with the idea of an economy that is actually booming. If workers have become truly scarce as macro forces sustain actual growth such [...]