Research Briefing | Jun 18, 2021

US | Don’t fret, the workers will be back

The first page of Oxford Economics' Research Briefing titled don’t fret, the workers will be back

Talk of US labor shortages is everywhere. But rather than a shortage, we see a transitory mismatch between the supply and demand of workers in sectors most affected by the pandemic. 

Download this report to get our Labor Mismatch Heatmap, and find out:

  • What’s holding back labor supply?
  • Which industries have been mostly affected by the labor mismatch?
  • What if workers take longer to come back?
  • Our latest labor force participation rate (LFPR) forecast.
Back to Resource Hub

Related Services

Post

Why the consumer recovery is delayed, not derailed

Latest data point to a delayed start to a consumer revival in the eurozone, but we see relatively low risk of it being derailed. Even with a slow start, it's unlikely to throw the rebound off course – plus there's a chance of make-up growth in H2. We expect private consumption to grow 1.2% in 2024 overall.

Find Out More
Manufacturing

Post

Industrial production bottomed out in major developed economies

Our new proprietary cycle phase analysis suggests that industrial production in many developed economies has bottomed out and is now poised to enter a period of growth.

Find Out More