wage growth
Discussion focused on slowing wage growth in both the US and UK. US wage growth was reported as cooling alongside a payrolls miss, while Joseph Wang argued that weak wage growth indicates limited worker bargaining power and reduces the risk of a self-reinforcing inflation spiral 346. Fiona Cincotta similarly said UK wage growth is slowing as vacancies fall, complicating the Bank of England’s policy choice 25.
From the window to Oct 7, 05:30 ET — this window's take is still to be written.
Where the voices land
All voices 1 voice1 falling
Falling
- SHSteve H. HankeFalling Expects inflation-adjusted wages to keep falling as inflation outpaces wage growth. “inflation is going up faster than wages are going up, which means that wages adjusted for inflation are going down” ▶ 49:11 Hot Inflation Shocks Markets: The Worst Is Still… · 14 Oct
1 falling
Mentions
4 this weekStories it travels in
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The stories
- ○ a voice, on the left
- ◌ a voice raising half of these
- ● a subject, on the right, under its story
- ⌒ a line is a voice raising a subject — thicker, more items; colour is the story
The stories this entity travels in: on the right, each story with the subjects seen alongside it; on the left, the voices that raised them, and a line for every subject a voice raised, bundled by story. Tap a voice to light everything it raises, a subject for who raised it, a story for its own lines. The crumb goes back.
Who brings it up
- David Lin 3 mentions
- Steve H. Hanke 1 mention
- Walter Bloomberg 1 mention
- Cameron Dawson 1 mention
- Peter Berezin 1 mention
- Scott Bessent 1 mention
See what your own voices say about wage growth, every morning.
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