Supply Chains and Labor Examined
One of the more fascinating aspects of the past 18 months has been watching the divergent economic narratives between headlines and data.
The Bureau of Labor Statistics reported a record high 10.9 million job openings in July. The three largest sectors comprising this increase were healthcare, finance, and food services.
Yet there also less than 9 million people unemployed. How can there be such a shortage of experienced workers when there are more jobs than jobless?…
▶︎ Read Sept 13 2021 newsletter: here
▶︎ Chart of the Week: here (by Natixis, BEA, BLS)
(Any “forward-looking” information may include, among other things, projections, forecasts, estimates of market returns, and proposed or expected portfolio composition Past performance is no guarantee of future results. Investing involves risk; principal loss is possible.)
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