Miner Company
Stagflation Already Affecting The Labor Market - The April Labor Report Preview
Soft-data surveys point to a weak April labor market report due to higher inflation; that's a stagflationary environment. However, high-frequency labor market data points to a strong April labor market report; thus, there is uncertainty as to what the actual data will show.
Soft-data surveys point to a weak April labor market report due to higher inflation; that's a stagflationary environment. However, high-frequency labor market data points to a strong April labor market report; thus, there is uncertainty as to what the actual data will show.