Prior to every of the previous three recessions, labor underutilization bottomed between 6.7{5667a53774e7bc9e4190cccc01624aae270829869c681dac1da167613dca7d05} and seven.9{5667a53774e7bc9e4190cccc01624aae270829869c681dac1da167613dca7d05}. Throughout the COVID-19 pandemic it initially spiked to 22.8{5667a53774e7bc9e4190cccc01624aae270829869c681dac1da167613dca7d05} and stays at 18{5667a53774e7bc9e4190cccc01624aae270829869c681dac1da167613dca7d05}, as of…
- Friday, December 1, 2023