Aren’t employment rates in the U.S. doing pretty well at this point? I think the companies struggling to find people are skilled labor—the likes of which require 4 year degrees for a lot of their positions.
Employment is low, yes. But a lot of people are underemployed - working retail or Starbucks or something, in spite of having a college degree. We don’t have a labor shortage or a job shortage - there are plenty of both. What we have is a mismatch between the skills that people who want jobs have to offer, and the skills that employers require.