Will US inflation increase before unemployment decreases?
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resolved Oct 4
Resolved
NO

Will the Consumer Price Index (CPI) increase by 1% or more (YES) before the unemployment rate decreases by 0.2% or more (NO)?

In other words, will price increases accelerate before there are more jobs?

Unemployment as of Aug 2 was 4.3% in July, up 0.2% from the previous release. Numbers are released on the first Friday of every month here.

Inflation is estimated based on the Consumer Price Index (CPI), which is released on the second Wednesday of every month. CPI released August 14 is 2.9%, down from over 8% last month but still above pre-pandemic levels.

I’ll extend to the next releases date of each of these numbers until the question is resolved.

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