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The solution to the labor shortage is, according to President Joe Biden, as simple as a higher wage.
The president allayed a range of concerns around the economy during a Thursday press conference. Among them is the nationwide labor shortage, which has seen hiring slow despite millions of Americans still being unemployed. The shortage may be delaying a full labor-market recovery, but he told journalists at the White House there’s an easy solution.
“I remember you were asking me … ‘Guess what? Employers can’t find workers.’ I said, ‘Pay them more!'” the president said in his distinctive details ⇒
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