U.S.: How Much Longer Will This Jobs Surge Be `Cost Free'?
Last year everything was coming up roses in the labor markets, especially at yearend. Payrolls shot up, as did workers' real wages. And strong productivity growth kept unit labor costs in line, allowing for good profits and no inflation.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.