As U.S. approaches ‘full employment,’ new inflation risks emerge5 min read 14 Jan 2022, 01:02 PM IST
Some economists say low unemployment, rising wages and high inflation mean job market is fully healed; others see room to run
For workers, it is great news: the U.S. labor market is nearing, or may already be at, its ideal state of “full employment." But for the economy as a whole, it risks introducing a new source of upward pressure on inflation.
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