CNN BUSINESS | There could be a seismic shift in the labor market. Here’s why

London (CNN Business)  – America’s job market is showing signs of strength — welcome news after a choppy summer.

What’s happening: The US economy added 531,000 jobs in October, according to government data released Friday. That’s stronger than in August and September, though gains for both months have been revised higher.

Still, economists are increasingly starting to wonder: As shortfalls of workers persist, has the labor market changed for good? If the answer is yes, the ramifications for policymakers could be huge.  —read more—