I have a $100k job posted that I got 10 resumes for. I had to keep it open for 3 months to get 10 resumes. Another $75k job was posted by my org, got 3 resumes. I’ve been hiring people for 15+ years and I normally get 20-50 applicants for jobs at various levels (very specialized field). Something is wrong.
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Depopulation. No reason for this kind of labor shortage during a recession. I understand some people became self employed during covid but that doesn't explain away the labor shortages to the level we're seeing.
Not only depopulation but also many peeps are coming out of the workforce due to DISABILITIES injuries from the vaccine. Ed Dowd has done a lot of work on this. Also, when someone is disabled this creates Caretaker demand to care for these disabled peeps which also adds to the worker shortage problem.
Oh that's great insight! Definitely a factor