by sslifer | Feb 1, 2024 | NumberNomics Notes, Productivity
February 1, 2024 The Bureau of Labor Statistics indicated that hourly compensation rose 3.7% in the fourth quarter after gaining 3.8% in the third quarter. In the past year compensation has risen 5.0-%. Growth in hourly compensation is a good thing, but that...
by sslifer | Oct 4, 2019 | Commentary for the Week, NumberNomics Notes
October 4, 2019 A strong consensus has emerged that the economy has softened considerably which many people think will result in a recession by the end of next year. We could not disagree more. It seems to us that most economists are viewing slower employment growth...
by sslifer | Sep 20, 2019 | Commentary for the Week, NumberNomics Notes
September 20, 2019 The biggest surprise in recent years is that inflation has not begun to climb. The labor market has been at full employment for a while, we have seen upward pressure on wages, but inflation has remained dormant. It is important to understand why...
by sslifer | Oct 14, 2011 | Commentary for the Week
October 14, 2011 The Occupy Wall Street protestors are concerned that compensation for the very rich is soaring while the average worker is barely making ends meet. In their words, “We the 99% will no longer tolerate the greed and corruption of the 1%”. They have a...
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