Housing Bubble Holds Key to Labor Shortage

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October 04, 2016

Now that the recession is over, employers would rather not hire at all than pay for skilled labor, says Bloomberg blogger Conor Sen. Scarred by the recession, former construction workers are less interested in taking risks on the housing industry, which went bust not long ago. If employers won’t adjust to current market conditions, says Sen, workers will put them out of business.

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