As joblessness falls, skilled workers might be hard to find

Are America’s employers at risk of running out of skilled people to hire?

The U.S. economy has become a seemingly perpetual job-generating machine, having steadily added workers for nearly eight years. Even with the unemployment rate now at 3.7 percent — its lowest point since 1969 — hiring hasn’t stalled. So far this year, job growth has averaged a robust 208,000 a month, up from a pace of 182,000 for all of 2017.

The trend has defied the predictions of most economists. Many have long warned that as hiring surged and unemployment fell, the pool of potential hires would shrink and trigger a bidding wire that would ignite wage gains.

It hasn’t happened. Many people are still being hired each month. And pay raises, though rising, remain modest.

Associated Press

Associated Press

More News

STORMTRACKER 18 WEATHER
Osseo
55°
Menomonie
55°
Chetek
54°
Durand
61°
Ladysmith
52°
Neillsville
50°
Rice Lake
54°
New Richmond
56°
Black River Falls
Medford
48°
River Falls
55°
Duluth
58°
Green Bay
50°
La Crosse
57°
Madison
51°
Milwaukee
51°
Twin Cities
63°
Weather Outlook: Temps climbed over 40 degrees since this morning, but warmth won’t last

Weather Outlook: Temps climbed over 40 degrees since this morning, but warmth won’t last

A surge of warm air was the difference between winter coats this morning and perhaps just a light jacket this

Connect With WQOW
Top Stories

UPDATE: 4 from Loyal, including 3 kids, killed in Apostle Island kayak incident

Sheriff Michael Brennan said Erik Fryman, 39, and his kids 3, 6 and 9-years-old died. The mom, Cari Mews, 29,

NEW: Missing Mondovi man found dead Wednesday afternoon

According to Mondovi Police Chief Colin Severson, the department is looking or Nathan D. Kummer who was reported missing by

UPDATE: Gas leak contained in Boyd

Boyd's fire chief told News 18 crews were digging up a leaking water line at Double D's Saloon and workers

Sex offender faces new charges in Eau Claire

A convicted sex offender living in Eau Claire is charged with two counts of first degree sexual assault of a

UPDATE: Middleton shooter was employee of business where he opened fire

The Middlelton Police department sent a phone message to residents about an active shooter.

Scroll to top
Skip to content