Labor productivity remains below trend, and the labor share remains weak. Above-trend productivity growth and inflation expectations kept wage growth elevated.
Q2 2024 Productivity & Wages: Still Recuperating
Q2 2024 Productivity & Wages: Still…
Q2 2024 Productivity & Wages: Still Recuperating
Labor productivity remains below trend, and the labor share remains weak. Above-trend productivity growth and inflation expectations kept wage growth elevated.