3 reasons why the US labor shortage may never be solved

Dec 16 2022 by Business Insider

 
Miami Beach, Florida, Domino's Pizza, banner offering $3000 signing bonus for assistant managers.

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Federal Reserve Chair Jay Powell said that there's a "structural labor shortage" happening right now. That's due to early retirement, deaths from COVID, and not enough immigration, according to Powell. The structural labor shortage means workers will still hold the upper hand for years.

The big moment in the labor market that was supposed...

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