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ATL FED 1Q Annualized GDP Forecast


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2 minutes ago, xtralettucetomatoe580 said:

3% wage growth and rising. 

Giving a significant raise next week.  At least 3% probably as high as 5%.

Got to keep who you got.   That's going to drive a lot of wage increases.   Supply and demand baby.  

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6 minutes ago, Highmark said:

Giving a significant raise next week.  At least 3% probably as high as 5%.

Got to keep who you got.   That's going to drive a lot of wage increases.   Supply and demand baby.  

Yep, domino effect. Everyone’s got to do it once some do in a tight labor market. Hella winnings

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Just now, xtralettucetomatoe580 said:

Yep, domino effect. Everyone’s got to do it once some do in a tight labor market. Hella winnings

We are going to see some inflation pop in here so I'd expect at least one if not more interest rate hikes from the Fed. 

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"The faster pace of wage gains indicates that the labor market is tightening, with employers having to pay higher wages to get the workers they want," Nationwide Chief Economist David Berson says.

The rise in employment was driven by the construction industry, restaurants, health care and manufacturing, all sectors that added jobs last month.

Employment in other major industries, including mining and transportation, "changed little over the month," the BLS says.

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10 minutes ago, Highmark said:

Giving a significant raise next week.  At least 3% probably as high as 5%.

Got to keep who you got.   That's going to drive a lot of wage increases.   Supply and demand baby.  

Nice. Sounds like you’re taking care of your people. :bc: 

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Just now, Edmo said:

Nice. Sounds like you’re taking care of your people. :bc: 

Got to make hay while the sun is shining and we are busy as fuck.   Just put the whole factory on 10 hr days so losing people is not a good option.  :thumbsup:  

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38 minutes ago, Highmark said:

We are going to see some inflation pop in here so I'd expect at least one if not more interest rate hikes from the Fed. 

yep, and that's a killer.

it would be best to see modest wage increases along with a reduction in government spending and a lowering of taxes.

 

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Just now, oleroule said:

yep, and that's a killer.

it would be best to see modest wage increases along with a reduction in government spending and a lowering of taxes.

 

One factor that will hit the labor market is how many boomers will retire early with their portfolio's doing so well.  One would think you would be in pretty safe investments if you are that close to retirement but after the crash in 2008 did people ride this wave to make it back up and then some.  

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