A shortage of skilled labor is constraining the growth of private business, according to a report released by Grant Thornton.
The labor shortage is making less of an impact on business growth than it did last year, though, according to the survey. While the availability of a skilled workforce is the largest U.S. constraint overall, only 26 percent of U.S. private businesses rank it as a major issue this year, a decrease from 34 percent for the same category in 2007 and notably less than the current global average of 37 percent.
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