He offered raises of 10 to fifteen p.c at the start of the yr in a bid to retain workers in an more and more competitive job market. And snarled provide chains drive him to order lumber and different key materials months earlier than regular, and at larger Carrer News prices. That means taking dangerous bets when rising interest rates make the outlook for the housing market unsure. After greater than a year of an ultratight labor market, all instructions point towards job creation that is consistent with prepandemic levels.
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