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NEW YORK, May 28, 2021 /PRNewswire/ When COVID-19 entered the US in early 2020, it struck an economy experiencing serious worker shortages, especially in blue-collar and manual services jobs. Within weeks, pandemic layoffs and restrictions sent unemployment soaring from historic lows to a peak of 15 percent (April 2020). Labor shortages appeared to be a thing of the past for the foreseeable future.
One year later, the unemployment rate remains elevated, at around 6 percent. But qualified workers are once again hard to find, with the National Federation of Independent Businesses reporting that 44 percent of firms have job openings that they are unable to fill an all-time high on their survey.
Report: As COVID-19 Recedes, Labor Shortages Return as a Key Challenge for US Companies--and Opportunity for American Workers prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.