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Labor Shortage Gives Workers an Edge

Posted On: Sep 20, 2017

Sept. 20, 2017 | JOBS | … With employers adding more than two million jobs a year, some economists suspect that American workers — after being pummeled by a furious mix of globalization and automation, strangled by monetary policy that has restrained economic activity in the name of low inflation, and slapped around by government hostility toward unions and labor regulations — may finally be in for a break. But even as they forecast a brighter future for the working class, these economists also worry that the new age of tight labor markets and rising wages will create a different sort of challenge…nytimes.com