The fastest way to fix a labor shortage: Pay more

For decades, worker compensation has been stagnant, while corporate profits make up an ever-increasing share of the economy.

The coronavirus pandemic has made the divide between employee and employer far more apparent. Covid disrupted the labor market in ways we have never seen: health worries, family obligations, hybrid-learning and child care shortages mean millions of workers remain on the sidelines. The Bureau of Labor Statistics reported a record 8.1 million job openings in March. READ MORE