"We have a lot of jobs, but not enough workers to fill them," the US Chamber of Commerce, which represents American companies, said in a statement. To lure workers back, many employers have boosted pay and benefits. And if Americans' buying frenzy slows, analysts say, companies will need fewer workers. The US labor market showed new signs of vitality in July. The 22 million jobs lost due to Covid-19 have returned, and the unemployment rate is a historically low 3.5 percent.
Source: Manila Times August 14, 2022 23:11 UTC