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U.S. Deals with ‘Uneven Economy’ – Labor Shortage Drives Wage Rise, Inflation Eats Up Gains

The number of Americans voluntarily quitting their jobs rose to a record high in September while job openings stayed stubbornly above pre-pandemic levels. It’s a sign, observers said, that businesses may have to continue to raise wages in order to attract workers. The Labor Department’s monthly Job Openings and Labor Turnover Survey, or JOLTS report, […]