Increasing labor costs are a big part of the overall inflation story in the US (CNBC, Society for Human Resource Management, Politico). The question will be suspended on 30 April 2023 and the outcome determined using data as reported by the Atlanta Fed's "Wage Growth Tracker" (Atlanta Fed Wage Growth Tracker, with "Interactive Chart" selected, click "Hourly workers" under "12-month moving averages (unweighted, hourly)"). In April 2021, the 12-month moving average for "Paid hourly" was 3.4%.

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The question closed "Between 6.0% and 8.0%, inclusive" with a closing date of 1 May 2023.

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