Star Tribune (November 5)
“Transoceanic shipping is no longer backed up. But labor shortages at airlines and trucking firms continue to influence U.S. supply chains.” An October survey found that central state supply mangers believed “the speed of deliveries is back to pre-pandemic levels. But about one-third of them also said their biggest challenge for the fourth quarter was supply-chain disruptions,” albeit markedly down “from nearly 60% two months earlier.”
Tags: Airlines, Challenge, Deliveries, Labor shortages, Pandemic, Shipping, Speed, Supply chains, Transoceanic, Trucking firms, U.S.
Wall Street Journal (December 3)
“Wages are going gangbusters in the U.S.—elsewhere, not so much.” In Australia and Japan, “pay growth remains anemic… despite labor shortages.” Nor do wages appear to be rapidly accelerating in Europe, all of which is “easing pressure on their central banks to raise interest rates.”
Tags: Anemic, Australia, Central banks, Europe, Gangbusters, Interest rates, Japan, Labor shortages, Pay growth, U.S., Wages