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In 2003 Pinkerton was acquired by Swedish security giant Securitas AB, and it is in the process of switching its name to Securitas Critical Infrastructure.

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“Business’ number one problem is finding qualified workers. At the current pace of job growth, if sustained, this problem is set to get much worse,” Mark Zandi, chief economist at Moody’s Analytics, said in a statement. “These labor shortages will only intensify across all industries and company sizes. ” Private payrolls grew by 177,000 in June, a respectable number but below market expectations. It was the fourth month in a row that the ADP/Moody’s count fell short of 200,000 after four months at or above that level. The reason for the tick down in hiring certainly isn’t because there aren’t enough jobs. The Bureau of Labor Statistics reported that April closed with 6. 7 million job openings. May ended with just over 6 million people the BLS classifies as unemployed, continuing a trend this year that has seen openings eclipse the labor pool for the first time. At some point that gap will have to close. Economists expect that employers are going to have to start doing more to entice workers, likely through pay raises, training and other incentives.

 

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Offer is only available for new subscriptions to Cox Contour TV, Internet service, Cox Homelife and Voice Premier. Bundle rate increases $20/month for months 13 24. After promotion period, regular rates apply. Prices exclude additional equipment charges, inside wiring fees, additional outlets, taxes, surcharges including video Broadcast Surcharge $10. 00/mo. and Regional Sports Surcharge $9.