During November, average hourly earnings increased 4.8 percent, year over year. But with inflation at 6.9 percent, earnings aren’t keeping up. Meanwhile, the Fed will do little for fear of spooking Wall Street.
I don't know how much vaccine mandates have played a role in the massive exodus from the workforce, but I do know it's important to consider the possibility that the two are correlated.
In earlier days, the government employee was held to be a man who could not have made his way in the business world and was therefore tolerated with condescension.
