Mysteries of the Labor Force

Mysteries of the Labor Force

One of the enduring mysteries of contemporary society centers on the seeming disassociation of so much of the labor force from the economy. This became particularly evident during the pandemic, when checks arrived regularly to people who used to work. And even this year, several states, including California, have sent payments to cover inflationary pressures.

Yet even as some employers raise wages and job counts have surged , many workers are still staying on the sidelines. One problem is that inflation has risen faster than incomes, obviating the higher pay. This is occurring when, despite well publicized layoffs in tech […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.