On this podcast we keep trying to make sense out of this economy. It is confusing and there are numerous contradictory signals.
On today’s show we are taking a look at why there appears to be a labor shortage. We keep hearing about the so-called labor shortage and politicians and the Fed keep pointing to the historically low unemployment rate.
So where did all the people go? There was not a labor shortage before the pandemic, although we did have historically low unemployment even back in 2019.
Host: Victor Menasce