The following chart shows the monthly change in the 12-month moving average of the aggregate weekly hours of production and nonsupervisory accommodation industry employees.
Click to enlarge.
Source Data:
BLS: Employment
NBER: US Business Cycle Expansions and Contractions
Click to enlarge.
In case you didn't know, it's an alarm! You're not on a pleasure cruise!
Source Data:
BLS: Employment
NBER: US Business Cycle Expansions and Contractions
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