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Other critics regard all interest rate increases as pernicious and dismiss the risks to future expansion from incipient inflation, extreme worker scarcity and consumer spending out of paper wealth.
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[Page C1.] New Orleans Seeks Ways to Lure Workers Ten weeks after Katrina, government officials and business leaders worry that a scarcity of workers is hampering the recovery in New Orleans.
The growing scarcity of workers will push up wages, leaving more disposable income.
Unlike the latter, trade unions could not rely on the scarcity of workers as leverage in negotiations.
When unemployment falls below a certain level, the scarcity of workers enables them to negotiate higher wages, and inflation picks up.
Failing that, the consequences could include not only a scarcity of workers and falling demand, but also a collapse of the pension system as the tax base shrinks and the elderly population booms.
The Fed, however, warned that with a scarcity of workers and with demand exceeding the nation's ability to produce, there was still a risk inflation could harm the record economic expansion, now in its 10th year.
Higher petroleum taxes and more costly licensing agreements, a scarcity of workers and swelling costs, as well as political wrangling and violence, are making it harder to raise production.
At the same time Brazil is starting to face First World realities, such as an increase in illegal immigration and the scarcity of workers in various areas, in what is known as the "labour blackout".
The relative scarcity of workers in the home and personal care sector has resulted in increased demand for migrant women, whereas the restructuring of the economy away from labour-intensive primary-sector activities such as agriculture has corresponded to saturation of the market for male migrant labour (Hondagneu-Sotelo, 2011).
Related to this scarcity of workers, health systems researchers have documented that workforce density inversely correlates with mortality rates of vulnerable populations.
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CEO of Professional Science Editing for Scientists @ prosciediting.com