U.S. Chamber Launches Nationwide Initiative to Address Worker Shortage
7 Jun, 2021
- There are now half as many available workers for every open job across the country (1.4 available workers per opening) as there have been on average over the past 20 years (2.8).
- In several states and industries—especially hard-hit sectors like education and health services as well as professional and business services—there are currently fewer job seekers than the total number of jobs open.
- Ninety-one (91) percent of state and local chambers of commerce say worker shortages are holding back their economies. Eighty-three (83) percent of industry association economists say employers in their sectors are finding it more difficult to fill jobs than they were five years ago.
- Doubling the cap on employment-based visas, doubling the quota on H-1B and H-2B visas and implementing other reforms to the legal immigration system to help employers meet demand for high-demand jobs in labor-strapped sectors
- Growing federal investments in employer-led job education and training programs
- Expanding access to childcare for working parents
- The Foundation’s Talent Pipeline Management program—an employer-led job training initiative currently working with more than 2,000 employers in 37 states—will expand to a total of 42 states by 2023 and later this year will launch a new online learning platform to reach and support even more employers and education partners across America.
- The Foundation will soon launch a new initiative— the Jobs and Employment Data Exchange (JEDx)—to modernize and streamline job postings, improve hiring data and analytics, and arm workers with better employment and earnings records when applying for jobs
In addition, the U.S. Chamber Foundation is expanding its longstanding efforts to help employers recruit workers from important talent pools many overlook:
- The Foundation’s Hiring Our Heroes program, which has helped more than 600,000 veterans and military spouses secure jobs, will later this year launch a new program to help connect military veterans to high-demand careers in technology fields
- In partnership with the Society for Human Resource Management, the Foundation is encouraging and arming businesses to become “second chance” employers by hiring ex-offender job candidates
These and other private sector solutions to help employers address their workforce challenges can be found on the new America Works digital hub at uschamber.com/work.