Forecasting inflation - The Jobs Report!
The monthly Jobs report from the BLS is the most time-efficient way of forecasting inflation.
Let's keep it short and sweet; it's simple Macro 101.
The more jobs there are, the more demand there is for employees.
The more demand there is for employees, the more competitive employers have to be to hire the best talent.
How do employers become more competitive?
They offer more incentives, and the top incentive they offer is a higher Salary. The averag…
