labor shortage

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Global Solidarity

Unpacking the COVID-19 Labor Shortage

It appears that that after more than a year of economic turmoil and job losses, some workers are finding that employers are competing to recruit them with better compensation and job quality, and prospective employees have a slightly more capacity to hold out for better jobs. The labor market’s improved offerings might seem to conservatives like an undeserved reward for the jobless, but they actually reflect a small advantage for labor.

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