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US job openings are historically high and there’s no ‘quick fix,’ expert warns

Mount Equity Group Tokyo Japan > News > Markets > US job openings are historically high and there’s no ‘quick fix,’ expert warns

Fox News senior national correspondent Rich Edson speaks to Cato Institute director of general economics Scott Lincicome, who discusses ‘historically high’ job openings.

As many businesses still struggle to fill job openings despite millions of available positions nationwide, more experts are adding to the argument that the Great Resignation isn’t over quite yet.

“We’re seeing historically high openings across the spectrum, certainly in things like leisure and hospitality and some low-wage service workers, but also in manufacturing, we have really high levels of job openings compared to the available unemployed workers out there,” Cato Institute director of general economics Scott Lincicome told Fox News senior national correspondent Rich Edson.

“So this is really a system-wide issue,” he continued, “and one that there’s not really any easy, quick fix.”

The headline number of 223,000 jobs added in December comes from the Labor…

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