Austan Goolsbee of the Federal Reserve: Under the dual impact of population aging and immigration restrictions, the United States may be entering an era of labor shortages.

Jinse Finance reported that on May 7, Federal Reserve’s Goolsbee stated that he remains open-minded about ways to approach inflation. It is clear from official statements that there are different views within the Federal Reserve regarding the trend of inflation and the state of the labor market. If weak consumer confidence leads to a decline in consumer spending, attention will be paid to the situation of "insufficient demand." Due to the dual impacts of an aging population and immigration restrictions, the United States may be entering an era of labor shortage.