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Labor Hoarding Holds Key to How Severe a US Recession May Get

  • Economists say employers may be more likely to keep workers
  • Mississippi furniture-manufacturing hub offers test case

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A furniture-manufacturing hub around Elvis Presley’s hometown in Mississippi potentially offers an answer to one of the top questions facing the US economy: Will employers hold on to workers as demand slows, or shed the staff they fought so desperately to hire during the pandemic?