February 4, 2023

Dawson County Journal

Dawson County, Nebraska

Paradigm Shift in the US Labor Market

Commentary
The working paradigm in America seems to be shifting as unemployment and staff shortages exist alongside workers refusing to work and others obtaining their dream job through the gig economy.
Some media have claimed that the reasons behind the shortage of workers are systemic racism, lack of childcare, and a mismatch between workers’ skills and open jobs. If systemic racism or childcare were reasons to quit one’s job now, these factors would also have existed in 2019. While there is more attention on these issues today, it does not explain why the United States is now experiencing a shortage of workers. As for a mismatch between workers’ skills and open jobs, the jobs are available because workers have quit. This means people have the necessary skills in the labor force, yet job positions go unfilled….
Source: The Epoch Times