Average Hourly Earnings in the Economy

If one section of that cor pc or c p i bucket goes up, necessarily it's going to have to come out of somewhere else. So if we take the trend precovid there was obviously a major decline a in aggregate income, and then there was a major snapback. But what also has happened is that we currently have millions fewer non farm pay rolls than we did before covet. If those jobs presumably won't come back, the economy still stays on the same aggregate income trend.

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