A New Reflection Concerning Construction

In July wages in leisure and hospitality jobs were nearly 10% above pre-pandemic levels. Economic theory says that deters jobseeking—a prediction supported, at least to some degree, by most studies of its effects before 2020. Yet this relationship has not been apparent during the pandemic. Congress allowed states to opt out of the prolonged benefits this year. Over the summer 26 of them—mostly those with Republican governors—ended at least some benefits early. Their economies do not seem to have benefited much. Between June and July the share of working-age people who were employed rose by

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