Where are the Workers?
Coming off a busy holiday season, it’s probably clearer to many of us just how strained the American labor market is right now. Maybe you had to wait in a long line to check out while doing your Christmas shopping, or some of the ingredients for your Thanksgiving meal weren’t available on the shelf at the local grocery store. Maybe a friend wasn’t able to attend a holiday party due to a flight cancellation because of limited crew, or some packages were late to arrive on your doorstep. In each case, we can point to a tight labor market that’s yielded fewer workers where we need them, and disrupted the normal flow of goods and services to which we have become accustomed.