Australia PM calls for 'compromise, sacrifice' to combat labor crunch

Summit held with private sector amid 48-year-low jobless rate, inflation threat

20220901 Australia hiring

Employers seek to attract workers at a job fair at Sydney Airport in June. (AAP Image/Bianca De Marchi) 

FUMI MATSUMOTO, Nikkei staff writer

SYDNEY -- Australia's government and private sector are scrambling to deal with a labor shortage that risks aggravating inflation and derailing the country's recovery from the coronavirus pandemic.

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