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My guess would be: Lots of companies still filling back orders and latent demand from the last three years When unemployment is low companies are reluctant to
by bilsbie 4y ago
My guess would be:
Lots of companies still filling back orders and latent demand from the last three years
When unemployment is low companies are reluctant to lose staff for fear of not being able to rehire when needed
The housing market hasn’t slowed much which is a huge employer
Pent up demand for travel and services is still strong
- Kon-Peki 4y agoA lot of back orders relate to the construction and fitting out of factories as part of the reshoring movement. Once those factories are ready to produce widgets, they need reasonably-priced labor to staff them (and export the unemployment to China). It's going to be really tough to do that if they can't create some unemployment over here.