Mike Walden, an economist with North Carolina State University, says many unfilled jobs require skills people don’t have, so people are getting retrained for new jobs instead of returning to what they did before the pandemic.
FROM THE WRAL >>> NORTH CAROLINA CENTRAL EMPLOYMENT RATE DROPPED IN SEPTEMBER. STAYED WITH THE APPOINTMENT RATE FELL TO 4.2% LAST MONTH. IT IS MORE THAN ONE HALF OF A PERCENT LOWER THAN THE NATIONAL RATE OF 4.8%. THERE WAS SIGNIFICANT GROWTH COMPARED TO A YEAR AGO WHEN UNEMPLOYMENT WAS MORE THAN 3%. WE ARE JOINTLY INSISTED ECONOMIST MIKE WALDEN. WE HAVE TALKED ABOUT THE WORKER SHORTAGE. IN THE REPORT SHOWS A NUMBER OF PEOPLE WHO ARE NOT EMPLOYED MATCHES THE NUMBER OF JOB OPENINGS THAT THERE ARE IN NORTH CAROLINA. >> CERTAINLY ONE BIG ONE IS THAT THE SKILLS NEEDED TO NOT MATCH THE SKILLS PEOPLE WHO ARE UNEMPLOYED HAVE BEEN A GOOD EXAMPLE IS THE TECH CENTER. THAT IS GROWING BY LEAPS AND BOUNDS, BUT THOSE KIND OF JOBS REQUIRE OFTEN A COLLEGE EDUCATION IN SPECIFIC AREAS AND A LOT OF PEOPLE WHO ARE NOT EMPLOYED DO NOT HAVE. I THINK THERE IS ANOTHER ASPECT TO THIS AND THAT IS THAT I THINK LAST YEAR CAUSED A LOT OF FOLKS TO REFLECT ON THEIR JOB SITUATION THEY HAD SOME SUPPORT FROM THE FEDERAL GOVERNMENT WITH STIMULUS MONEY. WE THINK THERE IS PEOPLE WHO SAID THEY DO NOT WANT TO GO BACK TO THE LOWER PAYING JOBS THAT THEY HAVE HAD. OR THEY ARE GOING TO THOSE JOBS AND TRYING TO SEE IF THEY CAN GET SOME ON THE JOB TRAINING. >> DO YOU EXPECT TO SEE PEOPLE SHIFTING INTO THOSE JOBS? >> NO I DON’T. JUST THE RIVERS. WE HAD A LOT OF THEM INTO OTHER JOBS. IT HAS LEFT THE INDUSTRY IN A DIFFICULT SITUATION. IT IS ABOUT SOME OF THOSE BUSINESSES THAT ARE OFFERING COLLEGE TUITION PAYMENTS. THEY WILL HAVE TO ADJUST. FOR THE WORKERS, THAT IS GOOD. A LOT OF THOSE BUSINESSES ARE GOING TO GO TO AUTOMATION AND TECHNOLOGY. FOR EXAMPLE, FESTERING RESTAURANTS ARE NOW OPENING WHERE YOU ORDER ON A KIOSK. HOTELS AND CHECKLIST ENTRIES WHERE YOU GO DIRECTLY TO YOUR ROOM. THOSE INDUSTRIES WILL HAVE A TOUGH TIME RECRUITING WORKERS. SEE IF YOU NEED TO RAISE YOUR PRICES FOR YOUR CUSTOMERS BUT DO THAT BECAUSE THIS IS A DIFFERENT WORLD THAN IT WAS BEFORE THE PANDEMIC. YOU WILL HAVE TO OFFER MORE. SECONDLY, SEE IF YOU CAN BEGIN TO INTRODUCE TECHNOLOGY. THIRDLY, SEE IF YOU CAN ORGANIZE YOUR WORK DIFFERENTLY. SEE IF YOU CAN GET BY TO DO THE SAME AMOUNT OF BUSINESS WITH FEWER PEOPLE.
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