Friday, July 6, 2018

Blame Trump

7/5/18 CNBC:
America’s labor shortage is approaching epidemic proportions, and it could be employers who end up paying.
report Thursday from ADP and Moody’s Analytics cast an even brighter light on what is becoming one of the most important economic stories of 2018: the difficulty employers are having in finding qualified employees to fill a record 6.7 million job openings.
Truck drivers are in perilously low supply, Silicon Valley continues to struggle to fill vacancies, and employers across the grid are coping with a skills mismatch as the economy edges ever closer to full employment.
The problem is that this going to start driving up wages.  Wouldn't that be tragic?

1 comment:

James Gibson said...

Learned of this the other day.
https://www.irelaunch.com

Northrop Grumman has several jobs posted for people returning to the work force after a minimum two year career break. Next week Raytheon is also to post similar jobs. The question is how many people will come forward to take a 12 week internship just for a possible job. I say that since I expect more people to be accepted to this program then these companies have jobs simply because of the possibility of the applicant failing in the internship. So several people are going to go through this for nothing other than the honor of completing it.