If you look at the Workforce Participation Rate we're still 1% off where we were pre-covid.crazy how much of an anomaly covid was...pure overaction followed by a gigantic labor shortage. will be interesting to see what comes from this moment 5-10 years from now
right, but because of this gap, a lot of companies raised pay and incentives to get new people in and for once labor felt a modicum of choice/power/influence, i'll be interested to see if this leads to sustained change/gains or if we're right back at square one 5-10 years outIf you look at the Workforce Participation Rate we're still 1% off where we were pre-covid.
Those ppl that retired or quit and aren't coming back is the labor shortage.