Figure C
Only real sign of labor supply tightness is in leisure and hospitality: Growth in average weekly hours and hourly earnings between December 2020 and September 2021
| Weekly hours | Hourly earnings | |
|---|---|---|
| Construction | 2.8% | 3.9% |
| Durable manufacturing | -0.2% | 4.6% |
| Nondurable manufacturing | 0.7% | 4.6% |
| Wholesale trade | 1.3% | 3.3% |
| Trade, transport and utilities | 0.0% | 6.2% |
| Leisure and hospitality | 4.6% | 14.0% |
Source: Author’s analysis of Bureau of Economic Analysis (BEA) NIPA Table 1.5.6 Real Gross Domestic Product, Expanded Detail, Chained Dollars.
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