Despite a potential recession forming in the United States, there is still a labor shortage in many parts of the country. An interesting report from the Dallas Morning News points out that immigrants only make up 17% of the population but 20% of the workforce. From the article:
Adam Lampert, CEO of Cambridge Caregivers and Manchester Care Homes, said the state is growing and needs to start embracing immigrant workers. Cambridge Caregivers and Manchester Care Homes is a member of Texans for Economic Growth. “We cannot have growth and we cannot avoid inflation without embracing immigrants in our state,” he said.
Dallas Morning News
The other “creative” solutions that legislators across various states have instituted is to allow minors to work longer hours and in roles minors weren’t allowed to perform before such as serving alcohol.
Michigan’s governor July 11 signed a bill permitting self-serve alcohol in bars and restaurants; one lawmaker told local media the measure was driven in part by the labor shortage. Just a few weeks earlier, the governor also signed into law a bill allowing teens to handle alcohol in wholesale settings.
HRDrive.com
We don’t think the long term results of these actions will be beneficial for society but we’ll see what happens. The key problem is that if resources are taken away from local and higher education system then it depletes society of a potential engineer, doctor, lawyer, pilot or other profession in exchange for getting a bartender.
We live in interesting times to say the least. The best thing to do is to stay tuned and stay solvent…