Why are Workers in Some Sectors as Scarce as Baby Formula?
Former JPMorgan Chase Global Chief Economist & Ph.D in Economics
The short answer is that this employment trend has been evolving but intensified during the global pandemic, making workers in some sectors even more scarce than baby formula! The pandemic provided workers with money via stimulus checks and enhanced unemployment benefits. It offered some workers the luxury of being able to think about their next job a…
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