Lightcast, a labor market data company, calls it “the largest labor shortage the country has ever seen.” “When people are having trouble getting into the labor market, it’s hard to say there are going to be labor shortages soon,” Shrivastava said. To get college graduates to come or stay and work, some will help them pay off their student loans. Illinois Governor JB Pritzker has formed a working group to review that state’s workforce development infrastructure and increase the number of college graduates. “Show me what college graduates earn that kind of rate.”