Day: July 12, 2023

Employers

Understanding America’s Labor Shortage

U.S. Chamber of Commerce (07/12/23) Ferguson, Stephanie The latest data shows the U.S. has 9.8 million job openings but only 5.9 million unemployed workers, according to an analysis by the U.S. Chamber of Commerce. Employers added an unprecedented 4.5 million jobs in 2022. However, millions of Americans have been leaving the labor force since before the pandemic. The labor force participation rate currently is 62.6%,

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