Why Did December’s Jobs Report See 5.1% YoY In Average Hourly Earnings? Just Ask Restaurant Workers And State Governors (And Mayors)!
by confoundedinterest17 December’s jobs report was grim. It was not surprising given the various government shutdowns in California, Virginia, New York, etc. The biggest loser in the December jobs added was … leisure and hospitality. Hey bartender! And just like that, governors and mayors made your jobs disappear. So the 5.1% YoY growth in likely due to … Read more