2min chapter

Odd Lots cover image

Why Job Openings Are Surging, Even With So Many People Out of Work

Odd Lots

CHAPTER

The Labor Market Isn't Offering Up the Type of Jobs That People Want

Could you flip that slightly and argue that maybe the labor market, or the economy, isn't offering up the type of jobs that people want. I mean, this is definitely something that we see in the data already that particularly employment in lesion, hospitality, in the service sector, is lagging much behind r the financial services, am sector, for instance. Here it is connected to, well, the outside option of the workers, if you wele to use the technical term, or the willingness of workers to work in low wage trops m if you will.

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