Understanding America’s Labor Shortage And The Evolving Workforce
HR Digest
DECEMBER 5, 2023
The labor force participation rates are quite astounding, with Trading Economics reporting that the numbers have decreased to 62.7 The highest point of the labor force participation rate reaches all the way back to January 2000 when 67.3 percent in October 2023. This is one of the primary reasons for the labor shortage.
Let's personalize your content