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Forget big layoffs: Job-market strength to persist despite labor costs pinching company earnings

Por: MarketWatch Business October 15, 2022

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“It’s been a bit tough for companies to get their hands on labor,” said Dec Mullarkey, managing director of investment strategy and asset allocation at SLC Management, by phone. But if higher labor costs can’t entirely be ignored, “I think the first salvo will be to cut back on open positions, as companies tighten the belt a bit,” Mullarkey said. A review of the first batch of quarterly earning calls points to top executives focused... + full article



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