Restaurant labor shortages show little sign of going economywide : Policymakers must not rein in stimulus or unemployment benefits

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Restaurant labor shortages show little sign of going economywide : Policymakers must not rein in stimulus or unemployment benefits

5 Nov 2021

Recent economic data suggest labor shortages in leisure and hospitality have popped up—but there is little reason to worry about spillover into the rest of the economy and no reason to change policy course. Yes, last week’s jobs report was disappointing, with employment growth slowing significantly from the months before. It would be a mistake,…
coronavirus macroeconomics jobs jobs and unemployment

Authors

Josh Bivens, Heidi Shierholz

Published in
Bulgaria

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