Clear Harbor Outlook for 2021 Q3
The second quarter saw a sharp spike in GDP growth and a well-advertised rise in inflationary pressures, as demand rose in the face of supply chain bottlenecks affecting everything from new cars to lumber. Employers, particularly in the hospitality sector, were caught in a similar vise, with a wave of pandemic-weary customers returning just as the supply of employees proved constrained by return-to-work fears, limited childcare options, and sustained unemployment bonus incentives.