Note to the progressive left that wants to help the struggling middle class; here is how it really works. Grow the demand for jobs, increase the competition for workers, improve your skills and wages will increase accordingly. Bazingaš
If you’re on the lookout for signs of labor market tightness that could ultimately lead to higher wages, then here’s something to pay attention to.
The latest small business optimism survey from the National Federation of Independent Business is out, and it shows that companies are having a harder and harder time filling jobs.
12Ā percentĀ of companies say that “Quality of Labor” is their single most important problem, which is the highest proportionĀ since the economic crisis.
More companies now identify labor quality as their biggest challengeĀ than companies that identify poor sales as their most-pressingĀ problem.
via We Just Got Another Sign of the Labor Market Getting Tighter – Bloomberg Business.


