Our US leading indicators point to higher wage growth as employers pay up for better quality labour in the wake of the pandemic. A nascent rise in trade-union density suggests the wind is changing and that we may see more structural inflation risks coming from the labour market
Wage Pressures Building
Wage Pressures Building
Wage Pressures Building
Our US leading indicators point to higher wage growth as employers pay up for better quality labour in the wake of the pandemic. A nascent rise in trade-union density suggests the wind is changing and that we may see more structural inflation risks coming from the labour market