His theory is that the
supply of available workers may be smaller than it appears, and wage pressures are likely to develop more quickly.
North Dakota's unemployment rate — 3.3 percent in April — may be the envy of the nation, but the
lack of available workers has sparked sharp wage growth.
There's a massive
shortage of available workers between the ages of 18 through 64 happening today, a trend that is causing company CEOs sleeplessness and will ultimately affect where prime offices will be located by 2030...
The pool
of available workers in that age bracket is growing even faster: the labour force, defined as the number of individuals who are either employed or actively looking for work, increased almost 5 % from September 2015 to 4.06 million, the most ever.
KEY ACHIEVEMENTS • Singlehandedly created and implemented a system temporary workers recruiting system which proved to be 59 % more efficient than the previous one • Introduced a system that dynamically collected
data of available workers and created a pool of resourceful personnel • Devised a timesheet concept which increased work hours collecting proficiency by a staggering 80 % • Successfully worked over 3 shifts back to back in the event of shortage of onsite coordinators
The final employment report of 2017, out Friday, could reveal a labor market that still has some pep in its step despite a dwindling
pool of available workers.
U.S. services firms grew at a slower pace in April; companies report cost pressures from possible tariffs and a shortage of available workers
In recent years, the US employment rate has decreased, leaving a smaller pool
of available workers.
It is a good rule of thumb that the United States is considered to be at a level of complete employment when the number of people out of work is only 4.5 %
of available workers.