Tag Archives: wage

A Word of Caution for Consumers Seeking to Borrow Money

Posted on August 16, 2018 in Money by

If employers are creating jobs and need to fill those jobs, but there is not enough workers to fill the jobs, it’s a problem that can result in inflation. When employers have to compete for talented workers they do so by raising wages. Wage growth across multiple sectors can lead to inflation as retailers see an opportunity for profit and raise prices to keep up with wage growth.

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