Coherent Identifier About this item: 20.500.12592/m9grbf

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

5 November 2021

Summary

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,…

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coronavirus macroeconomics jobs jobs and unemployment

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