• maynarkh@feddit.nl
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    1 year ago

    That graph is interesting. Wonder what exactly caused the sudden labor cost increase in 2020. I can imagine it either being the “great resignation” or some other pandemic effect, but it would be great if someone with more insight could say something.

    • leetnewb@beehaw.org
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      1 year ago

      Long period of underemployment and gradual employment gains following the credit fueled recession in 2009, is possibly one factor. In other words, the slack finally came out.