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Wednesday, October 18, 2017

The Fed affirms that there is an "extended shortage of workers" in the United States.

President of the Federal Reserve (Fed) of the United States, Janet Yellen
The FRS (Fed) aforementioned nowadays that economic activity remains at a moderate pace within the United States of America, however stressed that there's "labor shortage" in sure sectors that slows down business growth.

"Despite the widespread adjustment within the marketplace, most districts reportable solely modest and moderate wage pressures," aforementioned the Fed's Beige Book report, that gathers data from the twelve districts within which the bank central divides the country.

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