The war to find workers intensifies and takes the Phillips curve out of the catacombs in the US
Unfilled job vacancies at record highs, millions of workers changing jobs each month (of their own free will), wages rising at the fastest pace in years, and an unemployment rate that has fallen from 15 to 4.6% in 16 months. These are indicators of a ‘hot’ labor market, in which companies compete to attract workers … Read more