Sign in to follow this  
Followers 0
Hardkill

Why is there still a labor shortage in the US?

4 posts in this topic

The unemployment rate in US is now 3.5%, which matches its lowest level in the last 50 years. Also, as of two weeks ago, America finally recovered all of the approximately 22 million jobs that were lost from the Pandemic. Yet, there is still an unprecedented labor shortage throughout the entire country. 

So, why is there still a labor shortage problem in the US?

Share this post


Link to post
Share on other sites
9 hours ago, Hardkill said:

The unemployment rate in US is now 3.5%, which matches its lowest level in the last 50 years. Also, as of two weeks ago, America finally recovered all of the approximately 22 million jobs that were lost from the Pandemic. Yet, there is still an unprecedented labor shortage throughout the entire country. 

So, why is there still a labor shortage problem in the US?

No labor shortage, in fact it’s a labor surplus. It’s just that since the economy very recently spiked, it’s essentially stabilizing at the moment. Market forces are acting the way they are supposed to. 

Share this post


Link to post
Share on other sites
12 hours ago, kray said:

No labor shortage, in fact it’s a labor surplus. It’s just that since the economy very recently spiked, it’s essentially stabilizing at the moment. Market forces are acting the way they are supposed to. 

No, there is still a labor shortage problem.

 

Share this post


Link to post
Share on other sites

dont know, dont care, have always thought the unemployment rate was  bad metric of judging the health of a nation.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!


Register a new account

Sign in

Already have an account? Sign in here.


Sign In Now
Sign in to follow this  
Followers 0