Wall Street wants to know! Big Tech, though, says these things take time. Plus: abandoned gold mines and telephone operators.
Economists say the supply of jobs and workers is coming into better balance than during the labor shortages of the pandemic.
“I have not seen us write more than two offers before getting an acceptance, whereas before it was writing offer after offer after offer,” said Houston real estate broker LaTisha Grant.
For now, it’s boosting other parts of the economy — chipmakers and contractors that build data centers, for example.
The American heyday of gold mining may be in the past, but thousands of abandoned mines remain a problem for governments to clean up.
With prices and mortgage rates high, people are “buying at the edge of what they can qualify for,” a real estate economist says.
Lilith from Ventura, California, recalls what it was like working as an information operator in a time before the internet.
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