General World News

There’s a simple solution for the labor shortage: raising the minimum wage, a former Obama economist says

McDonald's fight for $15 wage

Summary List Placement

Everywhere you look in the economy, there seems to be a shortage. The important things missing from shelves can be explained by factors like backed-up supply chains and a shipping crisis.

But another shortage that’s emerged — with increasing prominence as America’s recovery continues its long and winding path — is labor. Millions of workers are still out of work, even though businesses are reopening and want to hire. 

One solution has to do with wages, and simply whether they’re enough to get people to do certain jobs after a pandemic. May’s jobs report details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: BusinessInsider.Com