Subsiding Delta wave seen boosting U.S. job progress; employee shortages nonetheless a constraint
By Lucia Mutikani
© Reuters/OCTAVIO JONES
FILE PHOTO: Assist wished indicators seem throughout Brandon
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WASHINGTON (Reuters) – U.S. job progress possible accelerated in October because the headwind from the surge in COVID-19 infections over the summer season subsided, providing extra proof that financial exercise was regaining momentum early within the fourth quarter.
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However the Labor Division’s intently watched employment report on Friday is anticipated to indicate employee shortages persisting, even after federal government-funded unemployment advantages have expired and colleges have reopened for in-person studying.
Nonetheless, it would be a part of rising shopper confidence and providers sector exercise