Combating the Logistics Labor Shortage By Addressing Driving Factors

摘要

The U.S. labor market is experiencing a crisis, with shortages across all sectors and pay levels. According to the Bureau of Labor Statistics, there are currently 9.2 million job openings, and more than 164,000 people voluntarily left their work in June 2021. Despite an hourly wage increase of 4.8% this year, job vacancies in logistics are at a 20-year high and represent 5.8% of openings across all industries. While there are a variety of reasons why companies are experiencing these shortages, the COVID-19 pandemic has certainly had a significant impact.