COMMERCIAL PRINTING - A Soft Landing
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While a labor crunch has been a chronic problem in the industry, Papparozzi contends that it, too, represents a structural change today. Labor is a critical issue in the industry right now because of the 3.9 percent unemployment, and that is going to change, he admits. "However, it is very important for the industry to realize that the current shortage of labor is not simply a cyclical issue. The shortages have become a structural issue, since our industry now requires skill levels that its operations didn't need before.
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