Transitory or Persistent?

Check out the accompanying pdf and chart collection. (1) Distracting from the message. (2) Powell defines “transitory.” It’s not “persistent.” (3) Powell may be transitory. (4) End of federal jobless benefits seems to have boosted employment. (5) Our Earned Income Proxy at new high again. (6) More full-time jobs, less long-term unemployment. (7) Lower-wage workers beating inflation, while higher-wage workers are not. (8) Supply disruptions and labor shortages depressed productivity and boosted unit labor costs during Q3. (9) The case for the Roaring 2020s. (10) Labor shortages are chronic because they are in DNA of population. (11) Movie review: “Finch” (+).