Need Help Writing a Paper?

Have Paper Masters custom write your project today!

  • 24/7 Customer Support
  • Free Plagiarism Check
  • Writing at Your Level
  • Writers All Have Advanced Degrees
  • Will Follow Specific Instructions
Need Help Writing a Paper?
Yes! Write My Paper!

Labor Shortage

Labor Shortage

One of the most striking economic problems to face a society is that of a labor shortage; one might instinctively think that having too many jobs and not enough workers is a good thing, as that means anyone who wants a job can have one. However, this is not always the case. Labor shortages are often very specialized, meaning that employers have a difficult time finding skilled employees to fill very specific roles; one profession where this is frequently the case is professional truck drivers. There are ample open positions, most of which pay a wage that the average worker would be happy to bring home. Unfortunately, this profession requires very specific training and licensure, resulting in a mismatch between what employers need and the skillset that employees have.

The end result from a labor shortage is that unemployment does not decrease, as people are not finding jobs they qualify for. Similarly, the number of individuals being hired at any given time does not change; the available applicants simply do not meet the requirements. This gradually becomes an employee's market: employers find themselves over a barrel when it comes to recruiting, hiring, and keeping skilled employees; they need to incentivize working for their location, often through higher wages, bonuses, or advancement opportunities. These increased costs for employers will, naturally, be passed along to consumers in the form of higher prices; the benefits the employees reap will come at the expense of not only the paychecks of their fellow man, but also of their own. With inflation rising and employee costs likely to rise in the coming months, the true cost of the labor shortage might be more than the average worker had ever anticipated.

Related Research Paper Topic Suggestions

Debt Crisis - Have Paper Masters' economics writers custom write you a research paper that explains the debt crisis and the complexities that drive the growing problem in the United States and various other nations around the world.

Economic Growth - Research papers on economic growth discuss the concept that refers to an increase from one designated time period to another in an economy’s ability to produce a variety of goods and services.

Edward Bellamy - Edward Bellamy research papers are a biography of the famous sociologist who wrote Looking Backward.

Employment Trends - Research papers on employment trends look into the Statistical Abstract of the United States, which gives some numbers concerning current employment, and projections of future employment, for selected occupations.

Federal Minimum Wage - Federal Minimum Wage research papers examine the minimum wage established by the United States government. Paper Masters custom writes all our research papers so that your project on the federal minimum wage is unique and only written for you.

Inflation - Inflation research papers examine the factors that are measured by the consumer price index. Research papers are custom written for economics or political science projects.

Labor Market - Labor Market research papers look into the labor market that is defined as the local or national market in which workers find paying work, employers find workers, and wages are determined.

Macroeconomics - Macroeconomics research papers discuss Gross Domestic Product, unemployment, inflation, market stability and the expanding and contacting of business cycles.

Taylorism - Taylorism research papers discuss the scientific management theory pioneered by Frederick Winslow Taylor.

Us Economy Is Entering A Recession - This is an application of Aggregate Supply and Demand, and the basic Supply and Demand concepts to a real world situation. Economics research papers are available at Paper Masters.


Paper Masters

  • Custom Written Papers
  • 100% Plagiarism Free
  • 24/7 Customer Service
  • Guaranteed Confidentiality
  • Text us for a Quote Today!
    1-570-301-7456

This is a topic on
Labor Shortage Research Papers

Research papers on labor shortages discuss the lack of employment in jobs that are often very specialized causing an employer to have a difficult time finding skilled employees to fill specific roles.

Choosing a Topic:

Can't decide on a topic? Need ideas or inspiration for research in your field of study? Paper Masters provides topic suggestions to make your decision easier.

Paper Masters Site Search