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Macro Musings with David Beckworth

The New Bazaar

CHAPTER

What's Happening in the Labor Market?

Austin: I don't think anyone would have predicted quite the up people that we've seen in the labor market in the last few years. The other one that kind of surprised me is the whole friend shoring trend, what's been happening with supply chains. Austin: It really took the pandemic, like the China lockdown, then the war in Ukraine and the supply chain shocks from that on top of that.

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