How to get URL link on X (Twitter) App
https://twitter.com/IrvingSwisher/status/1741570313584873771As a preface, let's all calm down...
https://twitter.com/kathyjones/status/1664249478013140992Unit labor costs do not involve any direct measure of an individual business’ unit labor cost. Nor does it involve direct measures of a firm’s wages or productivity. It comes from aggregates
https://twitter.com/IrvingSwisher/status/1636787656829935617
https://twitter.com/IrvingSwisher/status/1634998580154101761
https://twitter.com/fercirelli/status/1593642306284011521Worth going back to this from @vebaccount on the aggregation problems with real wage measurement and why available data on household surpluses and cash balances are a better real-time guide to how ‘income vs cost of living pressure’ tension is shaking out:
https://twitter.com/IrvingSwisher/status/1553027961993019396