Page 166 - பல்கலைக்கழகம் ஆஃப் மாசசூசெட்ஸ் மஹேர்ஸ்ட News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Unemployment Is High. Why Are Businesses Struggling to Hire? Health concerns, expanded jobless benefits and still being needed at home are among the reasons would-be workers might be staying away. Image There are two distinct, and completely opposite, ways of looking at the American job market. One would be to consult the data tables produced every month by the Bureau of Labor Statistics, which suggest a plentiful supply of would-be workers. The unemployment rate is 6 percent, representing 9.7 million Americans who say they are actively looking for work. Alternately, you could search for news articles mentioning “labor shortage.” You will find dozens in which businesses, especially in the restaurant and other service industries, say they face a potentially catastrophic inability to hire. The anecdotes come from the biggest metropolitan areas and from small towns, as well as from touristdestinations of all varieties.

Washington cityDistrict of columbiaUnited statesAaron sojournerTom taylorPaul hoffordIoana marinescuArindrajit dubePeter ganongDaniel zhaoJustin sullivan gettySammy maloneUniversity of chicago harris schoolUniversity of massachusetts amherstBureau of labor statisticsUniversity of pennsylvania