Fed chair Powell on the U.S. labor shortage: COVID (400K working age USA-ins died), retirements, missing immigrants
Discovered: Jan 15, 2023 23:15 Fed chair Powell on the U.S. labor shortage: COVID (400K working age USA-ins died), retirements, missing immigrants <– 400K dead of working age in the USA and people wonder why we have “staff shortages”?!? So terrible and mostly avoidable :-( –> QUOTE: Go deeper: In a footnote to a speech he gave on Nov. 30, Powell estimates that 400,000 working-age Americans died in excess of what was anticipated pre-pandemic.