Oluwaropo A. (Abbey) Omodunbi is assistant vice president and senior economist for The PNC Financial Services Group. In this role, Omodunbi is responsible for contributing to PNC’s regional, national and international economic analysis and forecasts, including coverage of metropolitan area economies throughout PNC’s footprint. In addition, Omodunbi also speaks frequently about the economy to PNC clients and regional media.
The labor supply issues will fade as vaccination rates increase and the pandemic fades. Additionally, the reopening of schools in the fall will have a positive impact on the labor market, allowing many parents to return to the labor force.29 July 2021