Hot waitress economic index,
Definition of Hot waitress economic index:
The hot waitress economic index is an informal measure of the state of the economy that is compiled by counting the number of attractive people working as waiters/waitresses.
According to the hot waitress index, the higher the number of good looking servers, the weaker the current state of the economy. It is assumed that attractive individuals generally do not have trouble finding high-paying jobs during good times in the economy. During poor times, however, these jobs will be more difficult to find and therefore more attractive people will be forced to work in lower paying jobs such as being waiters/waitresses. The hot waitress index was first articulated by Hugo Lindgren in a piece for New York Magazine.
An index that describes the health of the economy by measuring the number of attractive people working as waiters in a given moment. The theory is that the more attractive people working such jobs, the weaker the economy, while in reverse the fewer attractive people working such jobs means a stronger economy. This assumes that attractive people have less trouble finding better work opportunities during good economic times, while during poorer economic times such higher-paying jobs are more difficult to find, therefore more attractive people will be working as waiters.
How to use Hot waitress economic index in a sentence?
- The index was first coined by Hugo Lindgren in New York Magazine.
- The hot waitress economic index is an informal leading economic indicator of a financial recession.
- It states that the higher the number of good looking servers, the weaker the current state of the economy.
Meaning of Hot waitress economic index & Hot waitress economic index Definition