Unemployment rate 3.6%, 2 openings for every unemployed person, etc. Basically there are millions who don't have a job and are not looking for a job.
Anecdotally I see how bad it is as I am sure everyone else does too. My local restaurants have poor services and close early due to staffing issues. Airlines are cancelling flights. Companies have drastically lowered their standards for hiring. I can go on...
I am still scratching my head why we still have this issue long after government handouts ended.
I know many have retired and most of them will probably never return to the workforce. But I suspect they make up a relatively small portion of the supply shortage of workers. I have questions about the rest. Are they living on sustenance level somewhere and gave up on the rat's race? Where are the able-bodied workers who for whatever reason are not working and why are they not working? Why is my local McDonalds still so understaffed?
Submitted June 29, 2022 at 02:45AM by dotobird https://ift.tt/EbxVn9R