Elsewhere in economic data on Friday,
the latest employment cost index showed that wages continue to rise for US consumers.
Not exact matches
Accommodative Federal Reserve policies have indeed distorted financial markets and sectors within the real economy, but policymakers had expected the benefit (stronger
employment and higher inflation) to exceed the
cost, but the
latest developments indicated that distortions in financial markets and the real economy may actually undo progress made toward maximum
employment and price stability since 2008.
So, I think, you know, you have to listen to Ryan Sweet, too, who says you «ve got to look at the
employment cost because these are going to sooner or
later be passed on in end
costs to the consumer.
The
employment report provided the
latest sign that a strengthening jobs market is starting to spur faster wage growth, a key factor that will help determine when the U.S. central bank starts lifting borrowing
costs.
With that said, here's the
latest: Presidential Election to Impact
Employment Issues — The National Law Journal reports: «This year's presidential election could mean some big changes for employers, warn corporate counsel, who are bracing for everything from higher health care
costs to more union organizing.»
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