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Bookmark or Share- Understanding America’s Labor ShortageAt the height of the pandemic, more than 120,000 businesses temporarily closed, and more than 30 million U.S. workers were unemployed. Since then, job openings have steadily increased while unemployment has slowly declined. In 2023, employers ended up adding 3.1 million jobs.
- Understanding America’s Labor Shortage: The Most Impacted IndustriesIn 2022, more than 50 million workers quit their jobs, following the 47.8 million who did so in 2021. In 2023, this trend gradually subsided, with 30.5 million workers resigning as of August. A closer look at what has happened to the labor force can be better described as "The Great Reshuffle."
- Where Are the Workers? - The New York TimesThe labor shortage of 2021 is both conspicuous and perplexing. How is it, after all, that several million people who were working before the pandemic are now getting by without a paycheck?
- The Crisis Under The Hood: America's Skilled Labor Shortage - ForbesLabor shortages are bad for business and the impact inevitably trickles down to consumers who, in our example, have to wait longer and pay more to get their car fixed. The worker shortfall...
- Three key numbers that explain America’s labor shortageTwenty-one months into the pandemic, America is no longer struggling with an astronomically high unemployment rate. Instead, it’s big problem remains a shortage of workers.
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