US firms optimistic about 2018 but labor shortages constrain growth
US flag
Washington - Muslimchronicle
American businesses are upbeat about 2018, but widespread difficulties finding workers is constraining growth for some firms, according to a Federal Reserve survey released Wednesday.
The tight labor markets, which extend from low-skilled to high-tech positions, is fueling more widespread wage increases in a broader array of industries, the nationwide survey showed.
And some firms expect they will have to raise wages in the months ahead.
source: AFP
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