Latest / Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power
The Productivity Payoff in Wages and Prices
Lucas and Luna unpack the disconnect between August’s wage growth and persistent inflation by focusing on the missing variable: productivity. With average hourly earnings hitting thirty-seven dollars and eighty cents while core CPI remains sticky at three hundred thirty-seven point eight, the real question isn’t just about supply or demand. It is about whether businesses are actually getting more output for every dollar paid out. They look at how the Employment Cost Index tells a different story than headline paychecks, revealing that firms are absorbing costs through margins rather than…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.