US labour crunch on the rise amid economic growth: Fed

Washington

THE US economy has continued to expand with only modest price increases, but companies are increasingly complaining of trouble finding workers, including for low-skill jobs, the Federal Reserve said Wednesday.

In its periodic report on economic conditions, known as the beige book, the Fed noted fairly widespread optimism in the manufacturing sector, as output continued to gain, tempered with some caution due to issues including uncertainty over Trump administration trade policies.