What if the Labor Shortage Isn’t Transitory?

Signs point to the current labor shortages persisting well into next year—if not longer.

Dear Capitolisters,

The U.S. labor market is a conundrum right now—and it’s slowing the economic recovery. The most recent U.S. jobs report, like the August one before it, significantly undershot economists’ forecasts. Even though we’re still far short of pre-pandemic employment levels…

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