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By now you’ve probably heard about the big mystery in the US economy: Restaurants can’t find enough people to hire, even though millions of Americans remain out of work. Republicans blame the government for extending unemployment benefits and eroding the country’s “work ethic.” Democrats point to school and daycare closures that are forcing parents to stay home with their kids, as well as the continuing dangers the virus poses to people in frontline work.
Economists are having a tough time teasing out which of the three factors are fueling the labor shortage, and to what degree. details ⇒
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