Economics

U.S. Labor, Supply ‘Nightmare’ Seen Extending Into Second Half

  • Production restraints are ‘very disruptive,’ manufacturer says
  • Return to supply-chain normalization set back by omicron
‘Screaming’ Labor Market Keeps Pressure on Fed, Says BlackRock’s Rosenberg
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The helter-skelter playing out on U.S. factory floors from labor and supply shortages, transportation bottlenecks and the coronavirus looks likely to persist into the second half of the year.