Economic Take

Solving the Unemployment Riddle


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The number of Americans currently unemployed is now half of what it was back in April, but still far above the 3.5% rate in February. Yet, wage growth is pretty strong and recent surveys show businesses have nearly 7 million unfilled jobs. How has the pandemic affected the U.S. worker shortage and how may immigration reform play a role in solving it?

 

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Economic TakeBy JPMorgan Chase Commercial Banking