The immigration, which slowed down during the pandemic, could help alleviate the shortage of workers in U.S that has pushed job vacancies to an all-time high, according to policymakers at the Federal Reserve. While it remains a hot political issue in the US, with some arguing that immigration comes at the expense of US jobs, […]
Tag: workforce
Labor shortage could reduce US business after COVID
Reggie Kaji’s employment agency received a strange request last year: Could you find 200 migrant workers ready to take a bus from Texas to Detroit, where they would be put up in hotels while they worked in a factory that makes car doors for the Big Three? automotive manufacturers? “I’ve never seen anything like it,” […]
Materials and labor shortages slow US growth, says Fed
Updated 10/20/2021 03:30 pm The global difficulties in sourcing products, as well as the difficulty in contracting and concerns about the delta variant of the coronavirus, slowed growth in USA in early autumn, indicated the Federal Reserve (Fed). These difficulties, associated with strong consumer demand, triggered prices, the agency said in its current situation report […]