Business Sector Metrics

Positive trends

Real output for the business sector is now comfortably above pre-pandemic levels:

And labor costs, while an issue, aren’t rising as quickly by some measures:

Some of that labor crunch is coming more from bringing people back at a fast clip:

With more people, even with moderate costs, overall compensation costs rise:

But, the best news for businesses is that the real output per person has skyrocketed:

Overall, this picture looks more beneficial to businesses than workers in the long run. In the short term, employees will continue to have increased bargaining power as companies are in need of ramping up.

Links

Most Popular Posts | All Historical Posts | Main Site | EM100 | EM1000 | Contact