Loading ...Is the Fed that lame?? Some people simply won’t work for peanuts if they don’t have to. They’ll go into self employment, work off the books. They always forget the three main words, “At that price” Henry Ford paid double, and got the best employees, and zero turnover.
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The ultra-tight labor market, with unemployment near a 16-year low at 4.4%, was frequently cited by those surveyed as a headwind.
“Employment was held back by tight labor availability,” the Minneapolis Federal Reserve Bank found.
Many companies complain they cannot find enough suitable workers to fill all their empty positions. In April job openings rose to the second highest level ever.
Businesses in the Philadelphia region also complained about keeping new employees on the job.
http://www.marketwatch.com/story/feds-beige-book-says-worker-shortage-limits-hiring-2017-07-12