Worker Shortages in the COVID Era
- Wednesday, January 26, 2022 from 5:00pm to 6:00pm
The current labor shortage - with more job openings than unemployed workers - has alarmed employers, policymakers, and consumers. Local businesses have had to cut hours of operation, cut production, or shut down for lack of workers. Speculation regarding the causes of the shortage include expanded government benefits that discourage work, difficulties in finding childcare, and changes in people’s attitudes toward work and consumption. In this free public workshop, leading economists will share research on the sources of the shortage and its impacts on workers, employers, and consumers, and will share insights regarding how the labor shortage will evolve moving forward.
Featured Presenter Erica Groshen is Senior Economics Advisor at the Cornell University School of Industrial and Labor Relations and Research Fellow at the Upjohn Institute for Employment Research. From 2013 to 2017, she served as the 14th Commissioner of the US Bureau of Labor Statistics, the principal federal agency responsible for measuring labor market activity, working conditions, and inflation. Before that she was Vice President in the Research and Statistics Group of the Federal Reserve Bank of New York. Her research has centered on jobless recoveries, wage rigidity and dispersion, and the role of employers in the labor market. Dr. Groshen received the 2017 Susan C. Eaton Outstanding Scholar-Practitioner Award from the Labor and Employment Relations Association. She holds a Ph.D. in economics from Harvard University and a B.S. in mathematics and economics from the University of Wisconsin-Madison.