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Analyzing Surveys and Inflation Outlook
This chapter compares the household survey and establishment survey regarding unemployment rates, discussing the impact of undocumented immigration and survey limitations. It explores the importance of including new and small companies in employment data, the role of technology in workforce reductions, and the influence of corporate consolidation on labor markets. The chapter also analyzes inflation outlook, focusing on factors like energy prices, owner's equivalent rent, and wages, predicting a scenario of 3 to 4% inflation rate.