Five strategies to overcome the US’s labor shortage of the 2020s

The US economy is in an unusual position, and so are employers. Demand is strong. Consumers are flush with cash and spending more. Vaccinations rates are rising, and Covid19 cases have fallen by a third across the country. Normally, we…

Seven solutions to overcome the double tsunami of labor shortages and rocking wages.

The turnover tsunami of 9.3 million US open jobs is now being joined by a new storm: labor wage increases. Total private sector US wages are now up 7.9 percent from February 2020, and the wages for low-wage earners in…