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US Labor Shortages
Report

US Labor Shortages

Challenges and Solutions

Gad Levanon, Elizabeth Crofoot, Frank Steemers and Robin Erickson
The Conference Board, 2020
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Editorial Rating

8

Qualities

  • Analytical
  • Concrete Examples
  • For Experts

Recommendation

Employers in the United States are struggling with structural transitions in the workforce that point to declining numbers of blue-collar workers and manual laborers. According to this authoritative yet accessible analysis from professionals at the Conference Board, firms that employ these workers need to rely on creative hiring and retention measures, but a broad array of government measures could also aid their efforts. Future US economic growth, especially in a post-COVID-19 economy, will likely depend on the joint efforts of the private and public sectors. 

Take-Aways

  • Changes in the workforce have caused some sectors of the US labor market to tighten.
  • Employers are adopting several approaches to stem the labor shortage.
  • Policy makers need to be part of the solution.

About the Authors

Gad Levanon heads the Conference Board Labor Market Institute, where Elizabeth Crofoot is a senior economist, Frank Steemers is an associate economist and Robin Erickson is a principal researcher.

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