General World News

3 ‘mismatches’ that explain the labor shortage

Job seekers browse tables at a veterans' job fair in Burbank, Los Angeles, California March 19, 2015.  REUTERS/Lucy Nicholson

Summary List Placement

Have you heard of this labor shortage? It’s pretty wild, with millions of jobs open, and workers just not filling them.

It’s a sign of the remarkable success of the vaccination campaign under President Joe Biden. The economy began reopening in earnest through the spring and is rapidly approaching normality in the summer, even as the Delta variant sparks a concerning number of cases in unvaccinated areas. On the other hand, it’s also thanks to huge federal stimulus, as American consumers are unleashing a flood of money on the world’s economy, and businesses can’t details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: BusinessInsider.Com