Jobs remain hard to fill in metro Atlanta and across the Southeast, though business leaders continue to resist raising wages to attract employees, according to the latest federal report on the economy.
A tight labor market remains a big story in metro Atlanta and the Southeastern United States, and the latest economic survey by the Federal Reserves shows employers remain resistant to raising wages to attract workers.
Two federal reports released Wednesday dashed chilled water on the housing market in metro Atlanta and across the Southeast. One report predicted a continuing status quo of modest growth, and another forecast a weakening market due to the new federal tax law.
The huge plans Apple announced Wednesday for expanding its workforce in the United States could run into the brick wall of a talent shortage for low- and high-skilled workers, based on a Federal Reserve survey of the economy released Wednesday.
The tight labor market in metro Atlanta and across the Southeast is finally compelling employers to raise wages, if only for those in highly skilled and specialized fields, according to the Federal Reserves latest economic report.
The latest report on jobs and wages in the Southeast continues to tell the story of a tight labor market, but one that’s not tight enough to drive up wages, according to the Federal Reserve’s economic report.
The economy in the Southeast picked up modestly in July through mid August. An anomaly in the region, compared to elsewhere in the country, is that employers looked for alternatives to hiring when a job became open, according to the latest survey released Wednesday by the Federal Reserve.