Assessing business interruption claims in the pandemic era. Today's labor shortage is impacting the claims process in multiple ways and no industry appears to be immune. (Photo: TMLsPhotoG/Adobe Stock)

Where have all the workers gone? According to the Bureau of Labor Statistics, the unemployment rate in October was just 1.1 % higher than it was before the pandemic, at 4.6%. Still, the supply of workers remains shockingly low. The Conference Board calls today's labor shortage unprecedented and says, "If left unchecked it could easily develop into one of the worst labor shortages of the last 50 years."

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