Labor Costs and Earnings
Aug 17th, 2006 | By Michael Shedlock | Category: Macro Economics
Bloomberg is reporting, "Labor Costs Accelerate, Threatening to End U.S. Earnings Streak":
"The price of labor has taken a sudden jump and is likely to keep climbing, threatening to end the longest U.S. corporate profit boom in more than 40 years.
"'You are starting to see wages tick up,' says Henry McVey, ...read more
