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.
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