The supply–demand imbalances in the in-person services sector are expected to be resolved within a few quarters with progress on virus control and the return of in-person schooling. And demand growth itself is expected to moderate after a reopening surge, broadly coinciding with the time when some of the current tailwinds from fiscal support and makeup consumption turn to headwinds.
Do the leaks from the pipeline that may be more noticeable for some groups reflect a broader lack of opportunity in academia?