JPM's Glassman Says U.S. Doesn’t Have the Bodies to Fill Jobs

The video discusses the challenges in the labor market, including labor shortages and wage issues, and highlights the importance of immigration reform. It analyzes historical employment trends and the impact of education on employment. The role of technology in improving productivity and blurring work-life boundaries is explored. The video also examines how market signals influence business investment decisions and the dual role of technology as both a friend and a disruptor in the economy.

What is one reason businesses are struggling to fill job vacancies?

• Low immigration rates

• Lack of competitive wages

• High employee turnover

• Excessive job requirements

Why have prime-age employment rates flatlined since 2000?

• Rise in part-time work

• Lack of job opportunities

• Decline in higher education enrollment

• Increased family resources and educational options

How are businesses improving productivity in a tight labor market?

• By increasing wages

• By hiring more employees

• By reducing work hours

• By leveraging technology and innovation

What challenge is associated with measuring productivity in the digital era?

• Lack of reliable data

• Blurred lines between work and leisure

• Inconsistent technology use

• High employee turnover

How do financial market signals affect business investment decisions?

• They have no impact on investments

• They lead to increased investments

• They cause businesses to halt investments

• They encourage businesses to diversify

What role does technology play in the business community?

• It is a temporary trend

• It is irrelevant to business operations

• It is a friend that enhances efficiency

• It is a barrier to efficiency

What drives the adoption of technology in the economy?

• Government policies

• Consumer embrace and demand

• Corporate mandates

• Technological advancements