“Business’ number one problem is finding qualified workers,” said Mark Zandi, chief economist at Moody’s Analytics Inc. “At the current pace of job growth, if sustained, this problem is set to get much worse. These labor shortages will only intensify across all industries and company sizes.”
Friday will reveal more employment data, such as nonfarm payrolls, the unemployment rate and average hourly earnings. The comprehensive employment report will likely show that employers added 195,000 jobs in June in addition to the 223,000 jobs created in May based on a Reuters survey of economists.
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