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Labor Costs and Wage Trends Highlight Inflation Debate
The piece discusses Bureau of Labor Statistics figures on real spendable pay and manufacturing wages, noting a steady rise in productivity and wages. It cites Ackley and others on tax, Social Security, and inflation guidelines, with unions wary of pay caps and payroll tax effects.
MENTIONED IN THIS ARTICLE
Bureau of Labor Statistics
Gardner
Ackley
Presi
Hom Dent
Council of
Nager
White House