A closer look at a hot labor market

"Regardless of what factors have led to the surge in inflation—a tight labor market, a shift in preferences for goods and housing, pandemic-related supply constraints, and so forth—the Fed’s main tool to dampen inflation will consequently make the labor market both less hot and less tight." #economy #workforce #workforcedevelopment

A closer look at a hot labor market

In this economic analysis, Lauren Bauer, Wendy Edelberg, and Sara Estep determine the degree to which firms that are looking to hire a significant number of workers can expand employment (a “hot” labor market) or cannot (a “tight” labor market).
Korn Ferry Connect

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