Bloomberg BNA
As we know, numbers can be very revealing. According to a story on Bloomberg BNA, for the first time in almost a decade, the U.S. experienced a full year with an unemployment rate at or under 5 percent, a figure economists have long considered to be “full employment.”
While this likely means higher wages for employees, employers often experience a talent shortage where they are unable to find qualified candidates for open positions. More demand than there is supply.
But for the modern accounting world, that's just a fraction of the story. To see why, read the story here.