There are a record number of job postings, but many employers report difficulties recruiting even though millions of Americans remain unemployed. This has led to the perception of a labor shortage. This report analyzes key drivers of the current labor situation and how they are likely to change over time. Changes in labor force participation, job matching, wages, and workforce demographics all affect the pace of employment recovery.
Check out the latest insights from NCCI Economists Patrick Coate and Francesco Renna.
Read the full report,
Is There a Labor Shortage?, to learn more.
To learn more about employment recovery, wage growth, and labor shortages, be sure to check out our August 19
Virtual Carrier Education Series: Inside NCCI’s Latest QEB.
This article is provided solely as a reference tool to be used for informational purposes only. The information in this article shall not be construed or interpreted as providing legal or any other advice. Use of this article for any purpose other than as set forth herein is strictly prohibited.