Leaving aside corporate bean-counting, I have wondered if the current
building boom has something to do with it. At least where I am (NY
City) it seems like the whole world is a construction site. From
remodeling and expanding houses to new high-rises the real-estate
insanity has spurred a heck of a lot of construction. Perhaps there
just aren't as many unemployed tradespeople willing to work for retail
wages as there used to be.
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