The labor crisis: why now?

  • It’s a frustrating time for organizations. They’re trying to get their workforce back up to pre-pandemic numbers… but the new hires just aren’t there. Why now? A few factors are at play. 
  • Subsidies competing against minimum wage 
  • One major reason for the labor crisis are the government subsidies providing relief to furloughed or unemployed individuals during COVID. Because minimum wage can be so low, these individuals are finding that it’s financially better to stay on a subsidy for as long as possible versus going back to minimum-wage employment. 

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