In the meantime, the labor market has whipsawed thousands and thousands of People by way of layoffs after which rehirings, with thousands and thousands caught in between. Wages are up, and individuals are switching jobs at a file charge. And whereas progress for the 12 months continues to be projected to approach 6 %, White Home and Federal Reserve officers underestimated the financial disruption that may persist by way of the pandemic’s second 12 months. Now it seems sure that many of those strains, each financial and viral, will proceed nicely into 2022, and maybe past.
https://www.washingtonpost.com/enterprise/2021/10/16/economy-charts-inflation-supply-chain-wages/?utm_source=rss&utm_medium=referral&utm_campaign=wp_business | 5 charts that designate inflation, wages, provide chains and eating places