[Jaysun]

He bases this on the Employment Cost Index and says it's, "seen by some as the most reliable measure" but that's not true.

First, the ECI lags. If you want to see employment cost trends you look at the monthly hourly earnings data in the employment report. Second, he says nothing about benefit costs (when you count benefits there's an increase). Third, the ECI is used to look at shifting employment between industries, and benefit costs.......this article shows that it can also be used to spread bullsh*t propaganda.

[ninenot]

But looking at the BLS page, you'll find that his numbers hold up.

Employment cost (overall) is not what's being discussed--only wages.