Economy

Americans don’t need trillions in spending to get back to work

By Washington Examiner
Published September 9, 2021 4:05am ET
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Americans don’t need trillions in spending to get back to work
Something is wrong with the economy. According to the Labor Department, businesses posted a record-high 10.9 million job openings in July. But despite this unprecedented number of open positions, the economy added only 235,000 net new jobs in August, nearly half a million fewer than economists had expected. How can there be so many job […]

Something is wrong with the economy. According to the Labor Department, businesses posted a record-high 10.9 million job openings in July. But despite this unprecedented number of open positions, the economy added only 235,000 net new jobs in August, nearly half a million fewer than economists had expected.

How can there be so many job openings yet so few people willing to take those jobs?

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