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'Pay them more' | Expert calls US labour shortage a 'myth'

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HR Grapevine | Executive Grapevine International Ltd
Expert calls US labour shortage a 'myth'

In December of 2022, Jerome Powell, Chair of the Federal Reserve, noted in a conference meeting that he believes the US is current in the midst of a ‘structural labor shortage’.

Speaking on the climate entering 2023, Powell stated that “the labor market remains extremely tight”.

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