Companies that hire the least-educated workers are facing an unusual squeeze as the tight jobs market hits an already shrinking labor pool.
Workers with a high school education or less, who have borne the brunt of stagnant pay and unemployment for a decade, are in high demand. In April the unemployment rate for people 25 years and older with a high school education or less was 4.7% versus 5% a year earlier. That was near the lowest levels in over a decade.
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