Wage Inflation is already here.. at least in the Restaurant Industry. in 2019 starting Hourly was $11 for most Fast Food places. Now it is $14. I'm in NJ
wadegarret: Raising the minimum wage, which has been going on for several years, is very inflationary. People making a few dollars more than the new minimum wage will want a salary increase, too.
Cutting off the unemployment-benefit spigot should slow down wage inflation on the low end.