Tweet by Skanda Amarnath ( Neoliberal Sellout ): Quits rate among the best out-of-sample predictors of wage pressure; think of wage increases as a hedge against labor turnover. Quits rate keeps falling from Dec-2021 peak of 3%, now down to 2.6%, just 0.2% above pre-pandemic peak. Labor mkt most

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Nov 30, 2022
#Inflation #Laboureconomics

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Quits rate among the best out-of-sample predictors of wage pressure; think of wage increases as a hedge against labor turnover.

Quits rate keeps falling from Dec-2021 peak of 3%, now down to 2.6%, just 0.2% above pre-pandemic peak.

Labor mkt mostly cooling on its own...

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Luca Fornaro 2 months ago

Interesting thread on labor market and inflation

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Tweet by Skanda Amarnath ( Neoliberal Sellout ): Quits rate among the best out-of-sample predictors of wage pressure; think of wage increases as a hedge against labor turnover. Quits rate keeps falling from Dec-2021 peak of 3%, now down to 2.6%, just 0.2% above pre-pandemic peak. Labor mkt most

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