U.S. productivity tumbles again in second quarter, labor costs up strongly
admin The numbers: U.S. nonfarm worker productivity fell at a 4.6% annual clip in the second…
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U.S. wage pressures heat up in second quarter
The numbers: The employment cost index rose 1.3% in the second quarter, down slightly from…
Read MoreU.S. employment cost pressures remain hot in second quarter
The numbers: The employment cost index rose 1.3% in the second quarter, down slightly from…
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Opinion: Higher prices lead to higher wages, which fuel higher prices. The Fed must break this cycle with aggressive rate increases.
CAMBRIDGE, Mass. (Project Syndicate)—Recent price- and wage-growth data make it increasingly clear that the U.S.…
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