Occasional Tweets: Rectifying the correlation between wages, prices, and employment

 

#LearnEconomics

The axiomatically correct macroeconomic #EmploymentLaw tells one that #Employment L decreases if #PriceInflation P is higher than #WageRateInflation W and vice versa. pic.twitter.com/mwieMrVmwA

— E.K-H (@AXECorg) September 18, 2022

For details of the big picture see cross-references Employment/Phillips Curve.