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US labor market and the implications for business
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We have been expecting the labor market to continue to tighten. Some businesses are already experiencing labor shortages. And with the ongoing massive retirement of baby boomers, even moderate job growth will be enough to lower the unemployment rate more driving up wages and inflation. Stay up to date on the tightening US labor market and the implications for businesses.
Brian Schaitkin is a Senior Economist in U.S. Economic Outlook & Labor Markets at The Conference Board. He is part of a team working to expand The Conference Board’s previous work on labor shortages. In addition, he will be leading efforts to expand coverage of regional economies in the...Full Bio
Gad Levanon, Ph.D.
Gad Levanon is chief economist, North America for The Conference Board, where he oversees the labor market, US forecasting, and Help Wanted OnLine© programs. His research focuses on trends in US and global labor markets, the US economy, and forecasting using economic indicat...Full Bio