The share of workers in the U.S. labor force of "prime working age" (defined as between the ages of 25 and 64) has reduced significantly since the 1990s.
Additionally, the pandemic had the effect of reducing the number of workers ages 65 and older, and the numbers have not recovered. Lastly, the rate of workers under 25 is at a record low.
Flexible work arrangements, as well as support for paid family and medical leave, could be important benefits for improving labor force participation. Carolyn Crist "Younger workers are needed to shore up shrinking labor force, EBRI says" hrdive.com (Aug. 28, 2024).
So, the question for our readers is: Are You Having Trouble Hiring The Employees You Need?
Please take the poll. Here is the opinion of one of the McCalmon editorial staff:
Jack McCalmon, Esq.
We have little to no turnover. So, we have not had a problem because we do not have the needs other employers may have.
You can answer our poll. Please note any comments provided may be shared with others.