Question: Choose one important reason from the report and discuss its relationship to the ongoing labor shortage in the U.S.. Explain one macroeconomic reason that suggest

Choose one important reason from the report and discuss its relationship to the ongoing labor shortage in the U.S.. Explain one macroeconomic reason that suggest a change in expectations in the labor market is necessary to close the shortage gap. Further, it seems businesses (in particular industries) seems hesitant to increase their workforce even in a thriving economy (*). Briefly discuss the macroeconomic impact of a "wait and see" approach to hiring and business investments in future growth. (ref. U.S. Dept. of Treasury overview of U.S. economy, U.S. Commerce Dept. report. WSJ. video by D. Rabouin, Jan. '24 & WSJ - videos 1 & 2)

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