The U.S. has 6 million open jobs and 6.8 million unemployed workers. How can this be? Experts chalk up this major labor market problem to three main factors:
- Job seekers tend to lack the skills in demand due to an aging workforce, the rapid pace of automation, and a lack of effective job training programs
- Job seekers are not willing to move to jobs that are available
- Employers have unrealistic expectations, which leads to job application requirements that do not actually match the job requirements
