“What is different is all the people dropping out of the work force rather than trying to get in”.
That’s true. But how are those people making ends meet? They all can’t have enough money saved to live comfortably. Where are they getting their money?
Don’t know but it is happening, 4.3 million in just August. 1.5 million have totally disappeared since January, speculation is adverse reacts from shots and those who just died from it. So right there explains the acute labor shortage in part.
The Shot mandates are driving a good part of this. The potential damage is already being done, i.e. the supply chain problems. In a normal situation people would be flocking to the Ports for jobs with the money being offered, there would be no shortage of truck drivers for the same reason, but that is not happening.