The Truth About the Trades: Addressing the Skilled Worker Shortage
Currently, the U.S. labor force participation rate is 62.8%. This is a measurement of how many people are currently working or actively seeking work relative to the total working-age (16-64) population. That means 37.2% of eligible people aren’t working. To put things into perspective, 1.4 million workers are missing from the labor force compared to Feb. 2020.