Why is there still a labor shortage in the US?

[Hardkill]

The unemployment rate in US is now 3.5%, which matches its lowest level in the last 50 years. Also, as of two weeks ago, America finally recovered all of the approximately 22 million jobs that were lost from the Pandemic. Yet, there is still an unprecedented labor shortage throughout the entire country. 

So, why is there still a labor shortage problem in the US?

[kray]

9 hours ago, Hardkill said:

The unemployment rate in US is now 3.5%, which matches its lowest level in the last 50 years. Also, as of two weeks ago, America finally recovered all of the approximately 22 million jobs that were lost from the Pandemic. Yet, there is still an unprecedented labor shortage throughout the entire country. 

So, why is there still a labor shortage problem in the US?

No labor shortage, in fact it’s a labor surplus. It’s just that since the economy very recently spiked, it’s essentially stabilizing at the moment. Market forces are acting the way they are supposed to. 

[Hardkill]

12 hours ago, kray said:

No labor shortage, in fact it’s a labor surplus. It’s just that since the economy very recently spiked, it’s essentially stabilizing at the moment. Market forces are acting the way they are supposed to. 

No, there is still a labor shortage problem.

 

[Gidiot]

dont know, dont care, have always thought the unemployment rate was  bad metric of judging the health of a nation.