Expectations of a massive hiring surge in April fell flat, with just 266,000 Americans returning to work. The U.S. workforce is still 8.2 million jobs short of pre-pandemic levels.
Business leaders and Republicans largely claim pandemic unemployment payments are creating a "labor shortage" and making people less likely to take low-paying fast food and retail jobs.
Today on All Sides with Ann Fisher, we debate the so-called "labor shortage" and the path toward recovery.
Ioana E. Marinescu, PhD, Assistant Professor & Faculty Research Fellow, National Bureau of Economic Research, University of Pennsylvania
Michael Shields, Researcher, Policy Matters Ohio
Rachel Greszler, Research Fellow in Economics, Budget and Entitlements, The Heritage Foundation