Chesley Bonestell, “The Exploration of Mars” (1953), oil on board, 143/8 x 28 inches, gift of William Estler, Smithsonian National Air and Space Museum. Reproduced courtesy of Bonestell LLC.

Labor Market Misunderstanding

July 9, 2018

7/9/18 – A new US jobs report declared that companies are finding it difficult to find qualified workers to fill open positions. But in Issues, a longtime workforce analyst recently looked behind the curtain, arguing that employers’ complaints about skill shortages mask a deeper struggle to extend their leverage in the labor market, and that “What everyone needs are opportunities to learn and to advance in accord with their wishes and motivations without sacrificing already meager paychecks.”