Posts tagged unemployment
Unemployment is at another historic low but 72,000 workers are still missing from the workforce
August 1, 2022 // Minnesota is not doing too well when compared to its neighbors either — with the exception of Iowa. Wisconsin and South Dakota have all recovered their pre-pandemic workforce. North Dakota’s workforce is only 0.3 percentage points smaller. Yes, Minnesota’s unemployment rate is very low. But our shrunken workforce is no reason to celebrate. The fact that our labor force participation rate is still not budging should be a reason for concern. Department of Employment and Economic Development, DEED Commissioner Steve Grove,
Op-Ed: Standing up when my union let me down
July 19, 2022 // Soon, I found out that one PennDOT crew in the county kept working and avoided my agonizing decision. This crew included the union president, his relatives, and other union officials – all men. Some of them had less seniority than me. I was stunned. I never questioned whether the union would honor seniority rights. It’s written into our contract. I could – should – have been working on that crew instead of burning through my PTO. Mindy McFetridge is a PennDOT transportation equipment operator in Venango County and is the recipient of a PennDOT Workplace Hero award.
Opinion: Apprenticeships, Not College, Can Help Reduce Unemployment
June 25, 2022 // We estimate that the entirety of our current employment gap is driven by people without children under 18 at home and most predominantly by young adults. While total employment is down 0.28% since the start of the pandemic, employment among 20- to 24-year-olds is down 3.7%. Claudia Goldin, Mazda Toyota Manufacturing, employment gap, Huntsville, Alabama, National Student Clearinghouse Research Center, Pathways, Industry-Recognized Apprenticeship Programs, IRAP model,
Maryland Apple store workers face hurdles after their vote to unionize
June 22, 2022 // Ruth Milkman, Michael Duff, Josh Lipton,
Great Resignation: Study finds 40% of workers plan on changing jobs next 6 months
June 16, 2022 // Robert Half, a global talent solutions firm, reports 4 in 10 workers plan to look for a new job in the next 6 months. The findings indicate a continuation of what has been called the 'great resignation' as many workers opted to change companies during the COVID-19 pandemic. According to the company's Job Optimism Report, the top reasons for a career change cited by workers includes earning more money (65%), greater advancement opportunities (39%), and a change sought due to burnout (34%). Adrian Mojica
What Is Happening in This Unprecedented U.S. Labor Market?
December 8, 2021 // SUMMARYNever before has the United States experienced a labor shortage of today’s magnitude. Particularly extraordinary is that the current labor shortage exists alongside still-high unemployment and rising compensation packages, which should spur more workers into jobs. The employment gap equals about 5.8 million workers—3.7 percent of the workforce. Government policies enacted in the name of COVID-19 relief seem to have consistently held employment back, and the looming multitrillion-dollar tax-and-spend, central-planning package threatens to cement the weak employment market.