If it feels like it’s been years of “Now Hiring” signs dotting storefronts and slower service as a result of the ubiquitous staffing shortages, that’s because it has.
The U.S. is still in the midst of a worker shortage, with approximately 10.5 million open jobs available as of November. And while much has been made about the lower labor force participation rate following the outbreak of COVID-19 and missing workers that have yet to come back, that’s not the whole story.
