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.

We are primarily funded by readers. Please subscribe and donate to support us!

Hey bartender! And just like that, governors and mayors made your jobs disappear.

So the 5.1% YoY growth in likely due to lower-wage workers like restaurant and bar workers losing their jobs. Thanks to economic lockdowns by governors like NY’s Cuomo and California’s Newsome.

And don’t forget shutdown Mayors like Chicago’s Lori Lightfoot!

 

 

Views:

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.