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Conrad DeQuadros, a senior economic advisor at Brean Capital, that excess labor demand is declining and the labor market is rebalancing.
Source: https://sacobserver.com/2023/12/these-industries-had-the-biggest-swings-in-job-openings/
"These data provide no encouragement for those looking for manufactured goods price increases to subside to pre-pandemic trends on an easing of supply-chain constraints," said Conrad DeQuadros, senior economic advisor at Brean Capital in New York.