Posted by Richard Willet - Memes and headline comments by David Icke Posted on 7 May 2022

US Productivity Just Crashed By The Most Since 1947 As Labor Costs Explode

Hot on the heels of last week’s ‘Employment Cost Index’ which Fed Chair Powell commented on (as worrisome), US Unit Labor Costs surged 11.6% in Q1…

And at the same time, business output declined by 2.30% QoQ SAAR

Both of which combine to drive US Productivity crashing 7.5% in Q1 – that is the biggest drop since 1947

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