The Impact of Rising Interest Rates on the Workforce

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Many observers were surprised at just how resilient the American economy has been coming out of the COVID-19 pandemic. In fact, the American economy has been so strong that employers have been struggling to find enough workers to staff their operations.

Unfortunately, high demand for both goods and labor has often been met with limited demand. Employers have been struggling to find inputs to their production operations as well as workers to staff those operations, and prices for everything from used cars to eggs have surged across the country.

Enter the Federal Reserve and its aggressive (albeit, some

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