"They are doing it with wage growth. Inflation is likely a result of high employment levels. There are more jobs than candidates."
There is limited real wage growth and it is mostly concentrated at the bottom end.
There might be more jobs that "qualified" candidates. Companies are still being very picky. A lot of the jobs/employment numbers we are seeing are including more part-time or low wage positions than in the past.
The inflation is mostly because of the increase in money supply in my opinion. The economy is fragile enough that the Fed is talking about a rate drop soon despite inflafion.
