Hot labor market won't cause rapid rise in wages: SF Fed paper

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A hot labor market marked by extremely low unemployment will not drive a sudden ...

 

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No but a revolution that abolishes capitalism will

People supporting mass immigration for decades have been undermining the wages of Americans. This is why we need a wall & an end to H1-b visas asap.

Of course not how do you expect CEO’s to live on 100 million dollars a year?

File that under “No shit, Sherlock.”

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In A Hot Labor Market, Some Employees Are 'Ghosting' Bad BossesMore employers say they're being 'ghosted,' the Federal Reserve noted recently. That's when a worker just stops coming to work and is impossible to contact. The strong economy may help explain it.
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As New York's real estate market cools, Brooklyn neighborhoods stay hot for buyers and rentersBrooklyn, which for years has experienced torrid growth and soaring rents, has seen the average rent has fallen year over year, according to data from Rentcafe. Matt Damon just bought the most expensive listing in Brooklyn. I wonder if it is safe to wear a red sox hat there.
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