When the April jobs report came out, there was widespread disappointment.
Nonfarm payrolls rose by only 266,000 and the unemployment rate hit 6.1% "amid an escalating shortage of available workers," according to CNBC.
That lack of available workers was especially difficult for certain segments of the lodging industry, trying to dig out of its issues related to a decline in revenue during the pandemic.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
