Monthly Workforce Monitor: Still Too Few Available Workers
By Ronald Bird
Analysis of new government data for August 2019 again shows barely one available worker for every job opening in America. The August data was little changed from July and June. This is continuing evidence of historically tight labor market conditions over the past year and a significant “people gap” challenge
with regard to the American workforce.
The Worker Availability Ratio — an analysis developed by the U.S. Chamber of Commerce to measure the number of available workers for every job opening — was 1.10 in August, meaning there were 1.1 available workers for every job vacancy. That’s nearly unchanged from a 1.08 reading in July and 1.09 reading in June.