Comment by t-3
3 days ago
> there isn't any slack in the workforce, and qualified worker shortages are being reported in every trade across the board
Labor force participation is ~62%, far lower than historical peaks. I don't buy it.
3 days ago
> there isn't any slack in the workforce, and qualified worker shortages are being reported in every trade across the board
Labor force participation is ~62%, far lower than historical peaks. I don't buy it.
Every employer had the same "let's hire seniors someone else trained" idea at the same time. This isn't just a tech phenomenon, the "qualified worker" pipeline was turned off and then ripped out of every industry.