Where Have All the Workers Gone?

One of the stories in today's Wall Street Journal 10-Point (a daily WSJ eNews update), has to do with Americans traveling again. An accompanying article carries the headline "Travel Is Back, but Airline and Hotel Workers Are Not." 

In separate article, the same theme rears its head. Railroad gridlock is bogging down U.S. farm shipments. Why? The railroads can't find workers. "Delayed trains and scarce railcars are impeding crop shipments this spring, causing grain-storage facilities to fill up, backing up fertilizer shipments and temporarily shutting down production at ethanol plants. Railroad operators said they are working to fix the problems, but struggling to find enough workers."

Where have all the workers gone? When I did a quick search, the first thing I saw is that a large swath of jobs require Covid vaccinations in order to work there. This may be a contributing factor to many employment situations including the childcare worker shortage. On that particular front there was a push a couple years ago to require childcare workers to have 2 years of college experience. I personally think having experience as a mom would be better than college. College costs money so working parents will make even less money going to work if they pay more for childcare.

When you add up childcare, suitable clothing and transportation costs, one wonders how necessary that second job really is. Especially after taxes. And maybe this is another part of the labor shortage.

I saw a Tweet today that says the problem isn't a shortage of workers, but "a shortage of jobs that aren't awful." 

So here's the another question. Are there systems in place to import workers? Yes, there are. But then we face the next hurdle, the dearth of affordable housing. The lack of housing stock is creating a new housing bubble. Prices are going up faster than wages, and faster than builders have time to build them. (And they have a shortage of workers, too!) 

Here's a Tweet about the restaurant trade. This comment was in response to a comment about high school baseball games being cancelled because of the shortage of umpires. "Same thing with the restaurant worker shortage. People have spent years talking about flipping burgers like it’s the lowest form of existence, and treating people who do accordingly. Now those people are mad that no one wants to work anymore."

Round and round and round it goes, where it stops nobody knows.