World War I
Labor shortages refer to the situation where the demand for workers exceeds the supply of available labor. This imbalance often leads to increased wages and changes in workforce dynamics, especially during significant events such as wars or economic upheaval. In the context of the U.S. entry into World War I, labor shortages had profound implications for industry and the economy, prompting shifts in workforce demographics and production strategies.
congrats on reading the definition of labor shortages. now let's actually learn it.