Striking Employment - Lux Capital

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America faces a complex labor crisis, one that is challenging to faithfully characterize let alone solve. Let me offer three striking snapshots. Snapshot one: America’s military leadership shrilly warned the past two weeks about the challenge of recruiting soldiers. Like most labor problems, it’s not a new phenomenon, but one that is indeed intensifying. The story kicked off back in March with a prescient overview from David Barno and Nora Bensahel in War on the Rocks, who summarized the situation simply as “The all-volunteer force may finally have reached its breaking point.” Why? "First, the number of young people who are eligible to serve in the military dropped precipitously last year — from an already low figure of 29 percent to a shocking 23 percent — largely due to the effects of the COVID-19 pandemic.” A combination of mental health challenges, rising obesity and physical health decline, lower test scores, on-going drug usage, and criminal records prevents more than three quart

Photo by Jordan Whitfield on Unsplash America faces a complex labor crisis, one that is challenging to faithfully characterize let alone solve. Let me offer three striking snapshots. Snapshot one: America’s military leadership shrilly warned the past two weeks about the challenge of recruiting soldiers. Like most labor problems, it’s not a new phenomenon, but one that is indeed intensifying. The story kicked off back in March with a prescient overview from David Barno and Nora Bensahel in War on the Rocks, who summarized the situation simply as “The all-volunteer force may finally have…

Striking Employment - Lux Capital

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