Wednesday, November 24, 2021

A Great Risk

From Slashdot:

With labor shortages already weighing on Europe's economic rebound, wage inflation will persist for longer if the Great Resignation -- the post-pandemic trend of people leaving the workforce -- carries on, the bank said. "It reveals a far greater potential risk of structurally higher wages," Morgan Stanley wrote.

I'm on the side of higher wages, myself.

1 comment:

  1. ...it does not make sense... if paying people more would "wreck the system" it would seem to me that the system is already broken...

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