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2023 Compensation Budgeting ForecastPart 1: Base Pay Adjustments

Astron Solutions

Unemployment is at record lows (lowest in 50 years), but inflation has also been its highest (hovering between 8% and 9%). Others take a more optimistic view and see inflation coming down but unemployment remaining low. This is the “Carboard Box Economic Indicator,” mentioned several times in previous Astronology® articles.