The hottest Wages Substack posts right now

The U.S. Economy Refuses to Slow Down

The Overshoot • 1513 implied HN points • 18 Jan 24

The U.S. economy is showing strong growth, with hiring and sales still on the rise.
Inflation is a concern as it seems to be faster than 2%.
Despite a slight slowdown in some areas, overall macro conditions in the U.S. are positive with strong jobs, incomes, and spending.

Daily Chartbook #278

Daily Chartbook • 3694 implied HN points • 13 Sep 23

💰 Finance Real Estate Small business Inflation Wages Economics

The median U.S. asking rent in August was just below the record high set a year earlier.
Commercial real estate prices are expected to decrease this cycle, ranging from -15% for apartments to -40% for office spaces.
Small businesses are facing challenges with credit conditions and labor quality.

Wages Are Rising Faster than We Thought

The Overshoot • 255 implied HN points • 03 Feb 24

💰 Finance Wages Inflation Federal Reserve Economy Consumption

Wages in America are increasing more rapidly than previously estimated.
The slowdown in wage growth predicted by the Federal Reserve may take longer to happen than expected.
Revised data shows that wage growth has not slowed down and is persisting at about 5% per year.

Middlesbrough Finances 2022/23

The Swiss Ramble • 196 implied HN points • 31 Jan 24

💰 Finance Financial results Revenue Expenses Wages

Middlesbrough reduced their pre-tax loss by increasing profit from player sales.
The club saw a rise in revenue, particularly in match day and commercial income.
Despite improvements, Middlesbrough still posted a loss, but it was considered good for the Championship.

Europe pays more for banned Russian oil, resold by India - as EU wages fall

Geopolitical Economy Report • 538 implied HN points • 05 May 23

🌍 World Politics Geopolitics Sanctions Energy Inflation Wages

Europe is indirectly purchasing Russian oil through India at higher prices despite sanctions, contributing to de-dollarization and falling wages.
Russian oil exports to Asia, particularly China and India, have increased significantly due to Western sanctions, shifting away from Europe.
Real wages in the EU have fallen by 6.5% from 2020 to 2022 due to rising energy costs and a severe cost-of-living crisis, impacting poorer households the most.

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Manufacturing Jobs Might Come Back: Safer and Fair? Not Clear

Gad’s Newsletter • 38 implied HN points • 08 Jan 24

💼 Business Manufacturing Jobs Wages Productivity Safety

Manufacturing jobs in the US are seeing an increase in employment due to domestic production efforts and legislation like the Chips Act.
Wage fairness and safety remain concerns in the manufacturing industry, despite some improvements over time.
Enhancing productivity and improving worker conditions must go hand in hand for sustainable progress in the manufacturing sector.

US Federal Reserve says its goal is 'to get wages down'

Geopolitical Economy Report • 279 implied HN points • 24 May 22

🇺🇸 U.S. Politics Inflation Labor Government Policy Wages Monopolies

The US Federal Reserve chairman aims to bring down wages as a solution to high inflation, believing that workers have too much power in the labor market.
Inflation is outpacing US wages, with the federal minimum wage remaining at $7.25 since 2009, showing that real wages have not kept up with rising prices.
Economist Michael Hudson argues that inflation is primarily driven by corporate monopolies increasing prices, not by rising wages as claimed by the Federal Reserve.

Sticking the Soft Landing

Apricitas Economics • 52 implied HN points • 29 Jul 23

💰 Finance Inflation Labor Market Optimism Economic Growth Wages

Inflation drivers have eased, no recession needed
Significant improvement in economic indicators over the past year
Optimism for a 'soft landing' in the economy is increasing

Key Inflation Measures Are Falling at Their Fastest Pace in 40 Years

Informer • 39 implied HN points • 03 Apr 23

💰 Finance Inflation Economy Federal Reserve Statistics Wages

Key inflation measures are falling at their fastest pace in 40 years.
Core inflation had its biggest 12-month drop since the early 1980s.
Removing housing from core inflation shows a significant decline in inflation rates.

“Runaway Inflation” Won’t Be Getting Very Far on Foot

Informer • 19 implied HN points • 20 Feb 23

💰 Finance Inflation Labor Market Wages Economy

The wage-price spiral of the 20th century is unlikely to return soon.
Strong trade unionism influences inflation by giving workers leverage for better wages.
In a unionized labor market, workers can threaten to strike and shut down production, increasing the cost for employers.

Is There a Simpson's Paradox Lurking In the Wage Growth Data?

Gideon's Substack • 1 HN point • 02 Feb 24

💰 Finance Economy Jobs Wages Productivity

Today was a good day for economic news, boosting Biden's political fortunes and allowing the Fed to go slow with rate cuts.
Changes in the educational composition of the workforce may have caused a surge in productivity and influenced wage growth data.
It's important to look at the data from different angles to understand discrepancies and reveal important complexities.

Inflation Is Set to Fall. The Fed Should Back Off.

Informer • 0 implied HN points • 14 Mar 23

💰 Finance Economics Inflation Wages Monetary Policy

Wage growth is slowing down, which is likely to lead to a decrease in inflation.
Long-term correlation between wage growth and inflation is significant, suggesting a strong influence on prices.
Wages can be seen as a key indicator of underlying inflationary trends, similar to core inflation indexes.