Restoring the American workforce
News Staff
Wednesday, September 21, 2022
A common refrain I hear from employers across Nebraska’s Third District is how difficult it has become to find workers to fill the job openings they have. As the unemployment rate rose to a sixmonth high of 3.7 percent in August, according to the Bureau of Labor Statistics, the number of job openings in America sits at roughly 11 million. Job openings in the U.S. outnumber job seekers by a margin of nearly two-to-one. Wages are up 5.2 percent over a year ago, but real wage growth – when accounting 8.7 percent inflation – is negative as more than 60 percent of job creators fear inflation will drive them out of business. You don’t have to be an economist to see Biden’s economy is broken, and it’s a nationwide problem.