Barkin says there is still plenty of room for growth in the job market

Get real time updates directly on you device, subscribe now.

“The lower-paid employee base has raised aspirations for what they need to get back to work,” Federal Reserve Bank of Richmond chairman Thomas Barkin said on Monday, Reuters reported.

Key Comments:

There is still a lot of room to grow in the job market; It will take the summer to unclog it“.

“I don’t think business trips and office work have disappeared; they will come back with more flexibility“.

Upward wage pressure is a lower wage thing; you don’t see it in jobs with salaries of $ 15 or more. “

Most companies don’t want to raise prices; they will look for alternatives, such as automation. “

.

Get real time updates directly on you device, subscribe now.

Leave A Reply

Your email address will not be published.

buy kamagra buy kamagra online $255 payday loans online same day no denial payday loans direct lenders only