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Re: B402 post# 408879

Tuesday, 04/05/2022 7:08:17 PM

Tuesday, April 05, 2022 7:08:17 PM

Post# of 575447
Dimon says it well .. ""During 2020 and 2021, many aberrant things also happened: 2 million people retired early; the supply of immigrant workers dropped by 1 million due to immigration policies; available jobs skyrocketed to 11 million (again unprecedented); and job seekers dropped to 5 million. Wage growth accelerated dramatically, particularly in low-income jobs. We should not be unhappy that wages are going up—and that workers have more choices and are making different decisions—in spite of the fact that this causes some difficulties for business.""

Your link - https://www.investopedia.com/highlights-of-jamie-dimon-letter-to-shareholders-5224699

Is great to read the wages bit. I'll work through it slowly. Over time. Thanks.

It was Plato who said, “He, O men, is the wisest, who like Socrates, knows that his wisdom is in truth worth nothing”

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