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Is The Workforce Experiencing A Labor Shortage? Or Something Else?

Zack Vermes a bartender at Carmines Ybor Italian restaurant wipes off the bar while awaiting patrons on June 26, 2020 in Tampa, Florida.
Zack Vermes a bartender at Carmines Ybor Italian restaurant wipes off the bar while awaiting patrons on June 26, 2020 in Tampa, Florida.

As pandemic restrictions ease and states begin to open, economists expected a healthy jobs report.

But hiring in April was deeply disappointing. Only 266,000 new jobs were added compared to the one million expected.  

Companies have added jobs for four months straight, but businesses still say they can’t find enough workers. Some are calling it a labor shortage while others say it’s a bit more complicated.  

What’s going on with work in America? And what could job shortages mean for the economy?

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