Restaurant and hotel owners struggling to fill jobs. Supplychain disruptions forcing up prices for small businesses. Unemployed Americans unable to find work even with job openings at a record high. Those and other disruptions to the U.S. job market consequences of the viral pandemic that erupted 18 months ago appear likely to endure, a group of business owners and nonprofit executives told Federal Reserve Chair Jerome Powell on Friday. The changing work conditions, described during a Fed Listens virtual roundtable, underscore the ways that the COVID19 outbreak and its delta variant are continuing to transform the U.S. economy.
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