wage costs and inflation

Comment on U.S. Labor Market Report, Inflation, and Fed Thinking

July 2, 2015

Growth in nonfarm payroll employment slowed in the first half of 2015.  The monthly average increase had been similar in the first and second halves of 2013 at 195K and 204K, respectively, and then accelerated to 239K in the first half of 2014 and 281K in the second half of last year.  Despite sub-300K readings […] More