The alarming number of job offers

The US is experiencing a shortage of skilled workforce in multiple, if not all, sectors of the local market, which can range from areas related to technology and science, to industries related to the healthcare system, business and the food supply chain.

Several critics and experts have mentioned that the strongest and most negative impact of the global Coronavirus pandemic was the growing workforce shortage experienced by the local market. However, it is important to emphasize that this lack of qualified workers in all kinds of industries was already present even before the arrival of the health crisis.

In fact, a recent study conducted by New American Economy reveals that the US currently has a “chronic labor shortage” as most sectors have suffered from not having enough local workers available or trained to fill the number of job openings, especially in fields such as computer science and mathematics.

It is important to clarify that this is not the only study that emphasizes the need to improve local conditions to fill worker gaps. Recently, a lot of information has come to light related to the national economy and the shortage of qualified workforce, which is really putting at risk the country’s ability to overcome the economic downturn brought by the global sanitary emergency.

To give a specific example, the Bureau of Labor Statistics recently released the US’ job opening figures, which reveal that, in April 2021, there were more than 9.2 million job openings, representing the highest monthly increase in history.

Biden needs prompt action on immigration to boost the economy

The 2020 National Census results allowed the Biden administration, which has led the White House since the beginning of 2021, to see that the last decade’s population growth decreased considerably, is the lowest figure since 1930 and the second lowest in Census history. This fact naturally makes the situation worse for local companies because it means that, if the government does not do something to repair the situation, the skilled workforce shortage will grow even more over the next few years, in the fairly near future.

Now, the question is, what is the most effective tool to fill skilled labor gaps? Is it possibly to increase the birth rate? The answer, according to dozens of experts, specialized organizations and critics, is without a doubt immigration.

The presence of foreigners in the US, beyond any political debate it may create, is undoubtedly an invaluable factor for the economic system, and it has been shown that it constantly drives the socioeconomic growth of local businesses, which creates jobs in the medium and long term and contributes to the country’s international competitiveness.

In fact, according to a recent report by The Hill, if the Biden administration does not act promptly on the immigration system to attract highly qualified foreign workers and the brightest minds from different parts of the world, the current workforce shortage will very soon turn into a national economic crisis.

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