We Regret to Inform You That Workers Are Not Suddenly Winning ...Middle East

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We Regret to Inform You That Workers Are Not Suddenly Winning
How do you like the Great American Labor Shortage so far? Wages are rising faster than they have in nearly 40 years, reports Business Insider, excluding a freakish momentary spike last year when Covid lockdowns began. The number of job openings (9.3 million), and the number of people quitting their jobs (4 million, or 2.7 percent) are higher than we’ve seen in 20 years. Prices, meanwhile, are up 5 percent over May 2020, the fastest rise in the Consumer Price Index in 13 years. When you exclude volatile food and energy prices, The New York Times reports, prices are rising faster than they have in almost 30 years.The Wall Street Journal editorial page, from which I have borrowed the phrase “Gr

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