America’s labor shortage is bigger than the pandemic – By Emily Peck (Axios) / January 14, 2022
The shortage of workers in the U.S. has become a flywheel of doom, messing up our lives and society writ large. And many of the underlying problems that led to this breakdown are bigger than the pandemic.
The big picture: Millions of immigrants, older workers and mothers are missing from the labor force. Those labor shortages create problems like supply chain woes, school closures, and skyrocketing childcare costs — and some of those problems further exacerbate the worker shortages.
- U.S. CEOs say labor shortages are the top threat to their businesses this year, in a survey released by the Conference Board yesterday.
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