Wages Have Held Up Well During Recession

It's much, much harder to staff up an establishment than to de-staff an establishment, says George Pearkes of Bespoke Investment Group. George says it is important to look at the trend and not just one month's data when it comes to employment numbers. Wages have held up incredibly well during the recession and recovery, adds George. He points to restaurants and warehouses as examples.

Futures

04 Jun 2021

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Wages Have Held Up Well During Recession

It's much, much harder to staff up an establishment than to de-staff an establishment, says George Pearkes of Bespoke Investment Group. George says it is important to look at the trend and not just one month's data when it comes to employment numbers. Wages have held up incredibly well during the recession and recovery, adds George. He points to restaurants and warehouses as examples.

Futures

04 Jun 2021