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What is a labor shortage, after all? Maybe it’s just a shortage of labor at a low wage.
As the American economy reopened, numerous businesses that found it difficult to hire are raising their minimum wages to attract talent. For the better part of five decades, that was not the norm.
While job openings stood at record highs at the end of March, April data showed a sharp deceleration in hiring. Businesses, particularly those in the service industry, said it was hard to find workers despite about 10 million Americans still being jobless.
Republicans quickly blamed the details ⇒
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