Unemployment

US Labor Shortages will Affect Businesses for Decades

US Labor Shortages will Affect Businesses for Decades

We tend to deal with Labor Shortages on a very tactical level.  We look at weekly unemployment applications, monthly employment rates, current job opening and workers to fill them and so on.  That view has bred a certain myopia to what will be a very long term business challenge that is only going to get more extreme and impactful.