Beige Book: Demand for staffing services rises moderately in tight labor market
from Staffing Industry Analysts
Demand for staffing services increased at a moderate pace in July and August, according to the Federal Reserve’s Beige Book report released Wednesday. Labor markets were widely tight, with reports of worker shortages in numerous industries — most notably in manufacturing and construction. It was too soon to gauge the full economic impact of Hurricane Harvey on the Gulf Coast. Many districts indicated businesses were having difficulty filling openings at all skill levels, with firms in the Atlanta, St. Louis and Minneapolis districts reporting they had turned down business because they could not find the necessary workers.
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