Archive: staffing shortage

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Keeping an Eye Out for Startups That Automate Work

By Vin Narayanan on March 8, 2022

The labor market is tight. The American economy added 678,000 non-farming jobs in February as the unemployment rate fell to 3.8%. New jobless claims are at their lowest levels since the start of the year. There are approximately 1.7 job vacancies per available worker. And all of this happened as the labor participation rate (number of Americans seeking jobs) increased by more than a…