Let’s Prepare Workers for the Fastest Growing Jobs . . .Now!
Now that the unemployment rate has remained above 9 percent for the past 21 months, economists want to increase what is considered the normal unemployment rate, currently around 5 percent. The new norm may now be more like 6.7 percent, according to a paper released by the Federal Reserve Bank of San Francisco Monday. Rather than focus on whether the current high unemployment rate is more likely permanent than temporary, the focus should be on preparing the unemployed for those labor markets expected to grow. Let’s tackle the mismatch between workers’ skills and what employers are looking for. According to DOL, home health aides top the list.
Highlighted Clip for Tuesday, February 15, 2011: