US Economy: Stagflation Could Turn From A Temporary To A Permanent Problem

Posted on AllSides September 15th, 2022
From The Center

Stagflation, an economic situation of slow growth and elevated inflation, has hit the U.S. in the last year due to rising food and energy prices and may take on more permanence for the economy for several reasons.

First is the secular decline in the U.S. labor force due to the aging of the population, lower labor force participation, and tighter immigration.

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International Business Times

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