worker availability ratio Archives - Marketplace

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Is the labor shortage a crisis or an adjustment?

by Kimberly Adams

Jun 1, 2021

According to new data, there are now 1.4 workers for each open job. Normally, that ratio is closer to 2.8 workers per vacant position.

Many industries are raising wages and offering bonuses to lure applicants. But will it work?

Spencer Platt/Getty Images

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