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Fed's Barkin: Labor supply looks like it will remain constrained

Fed's Barkin: Labor supply looks like it will remain constrained
  • Fed's efforts to bring demand back into balance won't be easy, particularly with household excess savings and fiscal stimulus
  • Fewer workers would contain US growth
  • "Increasingly, I fear we are moving to an environment where labor is short, not long."
  • "I talked to a fast-food brand that described how automation and robotics could reduce store staffing by half"
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Posted: Dec 2 2022, 14:16
Author Name: forexlive
Views: 102057

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