CNN CNN Newsroom With Pamela Brown October 9, 2021 23:46:00
For the unemployment rate to drop to 3.5% by the end of next year. that's pretty incredible given the unemployment rate hit nearly 15% by the end of last year. and wall street expects the federal reserve to slow down its bond buying stimulus program. there's reason for cautious optimism because businesses clearly want to hire. this is not a demand issue. there's a record number of job openings. wage growth is growing at the fastest pace in seven months. but there is clearly a supply problem. employers are having trouble finding workers. some have retired, others are demanding higher pay and mo...
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