Is the Hot Labor Market the Cause of All This Inflation?

Economics is such a weird, i can't call it a science, a weird profession, an firm. He tweated this uncomfortably hot jobs report. Average hourler earnings were up at a five point eight % average rate in july. The wage moderation we were all discussing last month was simply wrong data. Wages are rising, unemployment rate is falling, people can find jobs. E but that's nonsense. Why is that? Lis is ok, absent contacts here. That sounds good, true. But here's the thing, if you worry that the job market is causing all this inflation,. It then shot up to 15 % from the pandemic. Now round tripped