Some strange things are happening in the New Orleans economy.
If you want to see how strange, check out my article in today's online version of The Times-Picayune here.
It's about fast-food restaurants that are having a hard time finding staff to reopen local stores. To compete, they are shooting up wages and offering things like signing bonuses for workers willing to stick around for the next 12 months. That's right signing bonuses, for burger flippers!
Higher consumer prices can't be far behind.
Look for the article titled, "Fast-food restaurants hungry for workers."