A Note on Unemployment - The American Spectator | USA News and Politics
A Note on Unemployment
by

A number of readers raised objections to my Friday post about the low unemployment numbers, so I wanted to clarify something. In the post, I pointed out that wage growth was starting to trigger fears of inflation. Readers saw this as me looking for bad news in a positive economic report, but quite the contrary. One of the criticisms liberals have made about the Bush economy has been that even though unemployment has been going down, wages have been stagnant. I was countering these arguments by pointing out that now not only are wages growing, but they’re growing at a fast enough clip to actually trigger fears of inflation.

Sign up to receive our latest updates! Register


By submitting this form, you are consenting to receive marketing emails from: The American Spectator, 122 S Royal Street, Alexandria, VA, 22314, http://spectator.org. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Be a Free Market Loving Patriot. Subscribe Today!