American labor shortage is a rose with many thorns
The short supply of US workers is starting to look more permanent than temporary. In this Exchange podcast, former White House economist Jason Furman explains how near-record job openings could lift prices, and why unemployment probably needs to rise for inflation to cool off.
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Show Notes
The short supply of US workers is starting to look more permanent than temporary. In this Exchange podcast, former White House economist Jason Furman explains how near-record job openings could lift prices, and why unemployment probably needs to rise for inflation to cool off.
https://www.reuters.com/breakingviews/rapid-hiring-has-bad-worse-consequences-2023-02-03/
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