United States

The Real Economy: Volume 47

Labor shortages pose long-term challenge for middle market


Download The Real Economy Vol. 47


Unemployment in the United States is at its lowest level in 30 years. Jobless claims are near a 50-year low, and the number of employed adults is at an all-time high. But for the middle market, these historic numbers are creating significant growth challenges affecting everything from holiday hiring on the retail side, to commercial and residential housing construction, transportation, manufacturing and professional services.

In this issue of The Real Economy, we examine the ongoing issues facing employers and employees, including the effects of wage stagnation and the Phillips curve, tariffs and trade tensions, opportunity zones and the investment choices in human capital that companies and the government could be making. Download the full report.


Opportunity zones: Who profits, when and how?

Opportunity zones: Who profits, when and how?

Specially designated districts designed to fuel economic growth where development has been stagnant offer investors tax-saving options.

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