Inflation has reached the North Pole as a Santa shortage looms

Santa Claus rides a float in the Macy's Thanksgiving Day Parade on Thursday, Nov. 24, 2022, in New York. (Photo by Charles Sykes/Invision/AP)

It turns out that Santa might actually *not* be coming to town. Or, at least, it may be harder to book him than it was in Christmases past.

And, no, it’s not because kids have been naughty this year. Instead, you can blame the Ghost of Economy Present. Planet Money’s sources at the North Pole reveal that Santa’s services are more in demand than ever — and he and his helpers are having a hard time keeping up.

Mitch Allen is the founder — and self-described “Head Elf” — of HireSanta.com, one of the world’s largest staffing agencies for holiday entertainers. He recently joined us on a video call from the North Pole (okay, actually Fort Worth, Texas). Donning a green elf suit and fur-lined hat, Allen told us that his industry is overwhelmed with Santa requests.