What happens when an economy is going into a depression? Unemployment goes up, inflation goes up, housing markets tank… There are many (miserable) indicators of a waning economy, but none are as strange as the Hot Waitress Economic Index. Simply put, this index suggests that the worse the economy is doing, the more attractive the waitresses are on average.
Despite sounding incredibly shallow and sexist, there is sufficient data to support this theory. It can be explained by the fact that when the economy is doing fine, attractive women are more likely to be in higher paying jobs as they are favoured by employers (unfair, but statistically true). When the economy is doing poorly, unemployment rates rise and these attractive women are pushed down to low-paying jobs such as waitressing as actual skill becomes a higher priority when hiring. This causes an apparent increase in the overall attractiveness of waitresses in the country. Some studies suggest that the Hot Waitress Economic Index is even more accurate in predicting the state of the economy than unemployment as attractive people tend to be the first to earn jobs, acting as an immediate indicator for the economy. For example, when the economy dips out of the depression and starts to rise again, attractive people are the first to be re-hired into higher paying jobs, causing the Hot Waitress Economic Index to change before the unemployment rate does.
Interestingly, there is no data on how the economy affects the average attractiveness of waiters.