Is A Labor Shortage Hampering a Bay Area Economic Recovery?
Forum discusses the dynamics of the labor market.
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Show Notes
Across the Bay Area, employers in retail, restaurants and other industries, report that there are more jobs available than workers to fill them. As California re-opens for business, concern is rising that a labor shortage may impede the state’s ability to bounce back from the pandemic. While there appears to be no single reason for the worker shortage, economists say the high cost of living, wage stagnation, and worker demands are among the reasons that employees cite for not taking available jobs or even staying out of the job market altogether. We’ll talk to a panel of experts and hear from employers and employees about the latest labor dynamics.
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