Surveillance: Tight Labor with Richardson
Bloomberg Surveillance
00:00
Is the Labor Market Stronger Than Before the Pandemic?
ADP provides payroll services for over 25 million workers. It's a very fragmented market to your point, Lisa. Some parts of this economy are so interest rate sensitive housing construction. And yet some of those sectors are chronically under supplied housing construction. Nela: The common thread is that wage growth has been stronger than before the pandemic throughout the economy.
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