Hiring Challenges Continue Throughout the U.S.
2 Feb 2020
With record-low unemployment numbers continuing, many states are engaging in creative tactics to draw in new residents and workers — and keep the ones already there.
When it comes to employment, the U.S. economy has continued on its roll, according to a variety of statistics. That is, of course, excellent news for those with jobs and those looking for work. Employers, on the other hand, are often having a tough time hiring all the help they need.
Jobless rates, as calculated by the labor market and economic analytics firm Emsi (see chart), were as low as Vermont’s 2.3 percent in March, and as high as the 7.2 percent recorded in Alaska. All but three states had rates under 5.0 percent, a level that traditionally has been seen as near full employment.