Reposting part of a previous outline by request. The repost is requested as an outcome of the latest wage rate news within the February labor report. The wage rate increase is not being highlighted, and in some reports downplayed, by media. However, the measurable matrices inside the space between two economic engines is responding according to prior outline on the new economic dimension.
First the recap of the day’s news on labor rates:
WASHINGTON DC – With the labor market near full employment, wage growth could speed up as companies are forced to raise compensation to retain employees and attract skilled workers. A proxy for take-home pay rose a solid 0.5 percent in February.
The annual wage increase is close to the 3 percent to 3.5 percent range that economists say is needed to lift inflation to the Fed’s 2 percent target. Inflation is already firming, in part as commodity prices rise.




