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No end in sight for labor shortages as U.S. companies fight high costs

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Reuters

By Caroline Valetkevitch NEW YORK (Reuters) – Labor shortages may be the most intractable of the cost risks that U.S. companies faced in the latest quarter, and as the earnings season moves into its peak there are signs the problem will persist, some strategists say. Finding and paying for workers is a challenge investors are paying close attention to as third-quarter results come in, with supply bottlenecks and high energy and other commodity prices among other key risks for companies. Warnings have come already from companies in several industries, including healthcare, with hospital operato…

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