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Corporate profit margins are being squeezed as wages pick up while productivity remains weak. Looming labor shortages will keep upward pressure on wages in place for much of the next 15 years. This could result in higher trend price inflation as firms seek to increase prices to maintain profitability as wages rise. In this webcast we examine the effect of slow labor force growth on future corporate profit trends and their key determinants including GDP and productivity growth. 

Speakers

Brian Schaitkin

Brian Schaitkin
Former Senior Economist
The Conference Board

Brian Schaitkin is a former Senior Economist in U.S. Economic Outlook & Labor Markets at The Conference Board. He is part of a team working to expand The Conference Board’s previous work on labor shortages. In addition, he will be leading efforts to expand coverage of regional economies...Full Bio

Eliza Winger

Eliza Winger
Economist
The Conference Board

Eliza Winger is an economist at The Conference Board, where she is responsible for macroeconomic research on economic and business trends for the United States. She prepares The Conference Board Economics Watch® and is a member of the team that produces the U.S. economic...Full Bio

Gad Levanon, PhD

Gad Levanon, PhD (Host)
Vice President, Labor Markets
The Conference Board

Gad Levanon is Vice President, Labor Markets for The Conference Board, where he oversees the labor market, US forecasting, and Help Wanted OnLine© programs. His research focuses on trends in US and global labor markets, the US economy, and forecasting using economic ind...Full Bio

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