Only real sign of labor supply tightness is in leisure and hospitality: Growth in average weekly hours and hourly earnings between December 2020 and September 2021
|Weekly hours||Hourly earnings|
|Trade, transport and utilities||0.0%||6.2%|
|Leisure and hospitality||4.6%||14.0%|
View the underlying data on epi.org.
Source: Author’s analysis of Bureau of Economic Analysis (BEA) NIPA Table 1.5.6 Real Gross Domestic Product, Expanded Detail, Chained Dollars.