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Maybe like me, you’ve heard a lot of assertions over the past year along the lines of: “nobody wants to work anymore.” Well, apparently they do. From where we sit at Recruitonomics: A strong labor supply rebound is underway.
First, labor demand has been super-strong
After the initial COVID shock to the US economy, the bounceback in job growth has been remarkable. There remains an unsatiated appetite to hire by US employers. Through March 2022, we’ve recovered over 93% of the jobs lost in the COVID recession of 2020. That said, we have a 1.6 million job “deficit” to