Surveillance: Tight Labor with Richardson
Bloomberg Surveillance
00:00
Are We Back to Pre-Pandemic?
Wage growth in the leisure and hospitality sector has calmed down. There's only a couple sectors where wage growth now is lower than it was before the pandemic. Information tech is actually one of those sectors. Even though we're seeing layoffs, we're actually seeing information in the tech economy decelerate the sharpest decline in wage growth of any other sector.
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