‘Hiring Panic’ May Lift U.S. Confidence Soon: Chart of the Day
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U.S. companies may experience “a hiring panic” in the next few months as they struggle to fill job openings, according to Edward Yardeni, president of Yardeni Research Inc.
The CHART OF THE DAY shows why by comparing the four-week average of initial claims for unemployment benefits with the percentage of respondents in the Conference Board’s consumer-confidence surveys that say jobs are hard to get.