DeanBaker13 on Nostr: A question for the EconTwitter crew. If we look at the Average Hourly Earnings (AHE) ...
A question for the EconTwitter crew. If we look at the Average Hourly Earnings (AHE) series there has been a sharp slowing of wage growth. Annualizing over three-month periods, we went from over 6.5 percent at the start of 2022 to around 4.0 percent in recent months. This is only slightly higher than the wage growth we saw in 2018-2019, when the inflation rate was at the Fed’s 2.0 percent target.
Published at
2023-06-16 19:43:35Event JSON
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"content": "A question for the EconTwitter crew. If we look at the Average Hourly Earnings (AHE) series there has been a sharp slowing of wage growth. Annualizing over three-month periods, we went from over 6.5 percent at the start of 2022 to around 4.0 percent in recent months. This is only slightly higher than the wage growth we saw in 2018-2019, when the inflation rate was at the Fed’s 2.0 percent target.",
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