10 Tuesday AM Reads
Happy weed day! My Two-for-Tuesday morning
train WFH reads:
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Unemployment Is High. Why Are Businesses Struggling to Hire? If this apparent labor shortage persists, it will have huge implications for the economy in 2021 and beyond. It could act as a brake on growth and cause unnecessary business failures, long lines at remaining businesses, and rising prices. (Upshot)
see also
Shifting Balance of Power? I suspect it is something broader, more than merely the economic recovery being impacted by Covid. Maybe more of a significant change, perhaps even a secular reversal of the longstanding power dynamic between capital and labor. (The Big Picture)