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Trends and Developments Concerning Washington Public Labor Contracts

By Jim Cline

In our past two newsletters , we’ve discussed the continuation of higher-than-expected inflation. Those articles identified the prediction by economists earlier this year for the mid-year 2023 national inflation to subside to 3.6% and our doubts that those predictions will materialize. We are now expecting the June CPI numbers to be closer to 5% nationally and higher for the Seattle indices.

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