Why Has Worker Availability Been So Challenging for Job Recruiters, and Are These Workers Ever Coming Back?

Former Global Chief Economist for JPMORGAN CHASE & PH.D. in Economics

Sep 26, 2022

∙ Paid

Yes, they are but slowly!

During the critical periods of the global pandemic, the St. Louis Federal Reserve estimated that more than 3.0 million workers opted to retire early due to the pandemic.

It is easy to blame worker burnout, early retirements, quiet quitting, or overly generous Covid-19 relief funds for the drop in the U.S. labor force. In truth,…

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