In the final chart, employment growth is below pre-covid trend but the total is above pre-covid peak. I think that is pretty impressive given the impact of trends coming out of covid like early retirement. It will be interesting to see if this number continues to grow at a slower rate than pre-covid or stagnates as demand softens and wage inflation forces more automation.
In the final chart, employment growth is below pre-covid trend but the total is above pre-covid peak. I think that is pretty impressive given the impact of trends coming out of covid like early retirement. It will be interesting to see if this number continues to grow at a slower rate than pre-covid or stagnates as demand softens and wage inflation forces more automation.