Wages Are Not to Blame for Inflation
By Lisa Irving
BLS February Report – Wages Stagnant The Bureau of Labor Statistics (BLS) reported last week that jobs rose by 678,000 and unemployment fell to 3.8% in February. Many in the media pounced on these numbers, predicting that the labor market will return to pre-pandemic levels this summer. A troubling aspect of the report, however, is … Continued