What if “Transitory” Inflation is Here to Stay?

by John Rubino
Dollar Collapse

One of the emerging trends in the almost-post-covid economy is companies suddenly having to pay way up to find new employees. Restaurants, truckers, even Uber and Lyft, are now struggling to track down and re-hire the people they and their competitors shed during the lockdown. It’s not going well:

The Covid recovery labor shortage is intense. Experts say it will force businesses to raise wages

(Pittsburgh Business) – As director of the Tucker Summit Community Improvement District, Emory Morsberger’s job is to help position companies in the district for success. Normally, that means working on road improvements, security or landscaping.

These days, he’s helping businesses in that portion of Georgia with a different and urgent challenge: finding talent.

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