Wage Bill and Recession

ABOUT US : Collapsed
INVESTMENT STRATEGIES : Collapsed
FINANCING SOLUTIONS : Collapsed
INSIGHTS : Collapsed
COVID-19 Update: Trusted Partner Information

click here

MACRO STRATEGY

Wage Bill and Recession

Oct. 13, 2020

Despite the massive job cuts, it appears that companies’ costs are disproportionately “labor-heavy.” Firms appear to be hanging onto workers in hopes of a timely recovery. A disproportionately high share of corporate expenses remain tied up in labor; this may bode ill for a continued upward trajectory in the labor market.