Asian Spectator

Inflation, workforce participation and real wages: 3 key indicators for monitoring the economy in 2022

  • Written by Veronika Dolar, Assistant Professor of Economics, SUNY Old Westbury
Inflation, workforce participation and real wages: 3 key indicators for monitoring the economy in 2022Mirror mirror on the wall, who's the best economy of them all?PM Images/DigitalVision via Getty Images

The U.S. economy ended 2021 with a lot of uncertainty. Inflation surged to levels not seen since the 1980s – seriously eroding consumer purchasing power – while the highly contagious omicron variant forced many Americans to hunker down...

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