BusinessUSA

The labor shortage is a vexing challenge for the US economy

As anyone who has lost their luggage or waited half an hour for a restaurant check can tell you, America needs a lot more workers in certain sectors of the economy.

Economists think so too. Many of them see the imbalance between labor supply and demand as central to the current economic challenges facing the United States. They say fixing it is essential to achieving a so-called economic soft landing, in which the highest inflation in four decades declines without unemployment rising enough to trigger a recession.

wsj

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