How the labor shortage could last beyond the pandemic

that the wide assortment of symptoms known as"long COVID" could account for as much as 15% of all unfilled jobs.In the short term, disability applications will almost certainly spike, as Social Security offices that closed during the pandemic reopen. What happens in the long term will depend on whether the public-health system can once again make inroads on tackling the opioid crisis, as it did in the years leading up to the pandemic.

. These"you only live once" defections are a small factor in the labor shortage. But they spurred a wave of people who have stepped off the job treadmill and begun exploring other ways to make ends meet beyond full-time employment.Excess savers will probably return to the job market as their savings dry up. But the more money people have, the less urgency they'll feel about rejoining the workforce in the months ahead.

So what's the overall prognosis for the labor shortage? Considering all the defections from the job market, the swift return of American workers looks far from certain — even once the pandemic ends. But the biggest wild card of all is just how long it will take for the country to get past the pandemic for good.

"I'm optimistic that workers will return if we find the right conditions," Zhao, the Glassdoor economist, told me."It's just a question of getting to those right conditions in a reasonable timeframe." That's because the greatest culprit of the labor shortage is still COVID-19 itself. Nearly two years into the crisis, every additional month in which the pandemic drags on darkens the career prospects and financial futures of all the older people, working mothers, and caregivers who have no choice but to wait out the pandemic. The longer we're stuck in a pandemic, the greater the chance of hysteresis"I don't want to jinx anything," Zhao said.

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230万失踪工人的神秘案件

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