Labor shortage may get worse before improving, NABE survey

Chef Andrew Gruel says joins ‘Fox Business Tonight’ to break down why he thinks it’s hard to come by workers: ‘They’re just afraid we’re going to get shut down again.’

A worker shortage plaguing businesses across the country could get worse before it begins improving, according to a new survey released Monday.

Conducted by the National Association for Business Economics, the survey shows that a majority of the group’s members expect the labor shortage to last until at least next year, with 18% of respondents predicting it will last until at least 2022 and 10% projecting it may not abate until 2023. Just 6% of respondents said they expect the shortage to stop in 2021.

At the same time, a greater share of respondents reported a shortage of skilled labor in July, with 32% saying they had struggled to onboard new employees – an increase from April, when 29% reported difficulty in hiring.

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