WebApr 7, 2024 · Right now, the labor force participation rate is 62.2%, down from 63.3% in February 2024. It’s clear that able workers are being overlooked or sitting on the sidelines. … Web21 hours ago · According to the U.S. Bureau of Labor Statistics, which reports state job opening estimates monthly, Minnesota's job openings fell from 231,000 in December …
A solution for ongoing labor shortage: DEI
WebJan 10, 2024 · In December, the Bureau of Labor Statistics (BLS) jobs report fell well below expectations. Businesses only created 199,000 jobs when most analysts expected closer to 500,000. Even with 6.4 million unemployed at the beginning of December, Americans’ reluctance to return to work and fill open positions was one reason for the lackluster job … WebApr. Total nonfarm payroll employment rose by 236,000 in March, and the unemployment rate changed little at 3.5 percent. Employment continued to trend up in leisure and … salber and associates barnesville mn
The Skilled Labor Shortage: Causes, Costs & COVID-19
WebAug 4, 2024 · Labor Shortages: The Disconnect and Possible Solutions The problem is clear: Employers are struggling to recruit workers despite high levels of unemployment. But the reasons for the hiring... WebJul 7, 2024 · The labor supply is down by about 2.9 million since the start of the pandemic, and on top of that, economists find that a significant decline in the desired hours of work has roughly doubled the... WebApr 13, 2024 · One is a shortage of skilled electrical workers needed to rewire homes, make grid modifications, and install new electrical capacity. ... Bureau of Labor Statistics data show that about 21% of electricians will have hit retirement age in the next 10 years. The agency estimates that annual demand for electricians will grow by 7% over the same ... things to do in lake george ny in march