Capitol Report: Open jobs, few takers: Good help hardest to find in a decade, hiring survey shows

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Good help is getting harder and harder to find.

Some 90% of American companies have job openings, but shortages of skilled labor are the worst in a decade.

Those are key findings of a quarterly survey of economists who work for businesses such as banks, retailers, utilities, manufacturers and the housing industry.

What are they doing about it?

Only a little over one-third say they have increased pay, according to the National Association of Business Economists. That helps explain why wages, though rising, aren’t increasing as fast as they usually do when the labor market is so tight.

Another third say they have trained current employees so they could be promoted into new jobs.

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