You can make a ton of assumptions by looking at this chart. While prices are rising, jobs are vanishing (that is one). ...

Inflation Nation: CPI & Non-Farm Payrolls

You can make a ton of assumptions by looking at this chart.
While prices are rising, jobs are vanishing (that is one).
















Chart Link
The chart above shows the percentage change in non-farm payrolls with the percentage change in the consumer price index starting in January of 1939. The divide begins in 1970. What is non-farm? Outside of it not being payrolls from a farm "nonfarm payroll is a monthly report generated and reported by the U.S. Bureau of Labor Statistics intended to represent the total number of paid U.S. workers of any business" - Investopedia.
Nonfarm payroll employment is a compiled name for goods, construction and manufacturing companies in the US. It does not include farm workers, private household employees, or non-profit organization employees - Wikipedia

Copyright 2008 - 2023

2020 - 2022. (C) Beekman Publications / ZMI