ABSTRACT

Labor Market Tightness and the Economic Recovery, Part 2 [October 5, 2021]   [open pdf - 610KB]

From the Document: "Recently, many businesses have reportedly complained of labor market 'tightness'--workforce shortages and difficulties in hiring to reduce them. This is surprising to many economists because employment is still low. If long-lasting, these shortages could hold back the economic recovery and potentially contribute to inflationary pressures [hyperlink]. This Insight, which concludes a previous CRS Insight (Part 1 [hyperlink]) that analyzes evidence of potential labor market tightenness, discusses potential causes and the policy implications of those findings."

Report Number:
CRS Insight, IN11771
Author:
Publisher:
Date:
2021-10-05
Copyright:
Public Domain
Retrieved From:
Congressional Research Service: https://crsreports.congress.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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