Workforce Development News – June 14, 2021

By on June 14, 2021
Signs the U.S. is Moving Past the Worst of the Pandemic

A weekly collection of articles on workforce development, employment and training, business performance improvement, leadership, higher education, and the economy.

Subscribe to our blog
The Workforce Solutions Group of St. Louis Community College leverages education for growth in the knowledge economy by offering programs and services designed to advance people, businesses and communities. We are located at the Corporate College, a state of the art facility solely dedicated to corporate education and professional development.
Find out more …

U.S. Labor Market Heated Up in May as Jobs Grew and Wages Soared

“The gap between the labor market and normality narrowed in May but the economy still remains 10 million jobs short of its pre-pandemic trend. At May’s pace of job growth it will take until August 2023 to close the jobs gap.”
https://www.piie.com/blogs/realtime-economic-issues-watch/us-labor-market-heated-may-jobs-grew-and-wages-soared

7 Hopeful Signs the U.S. is Moving Past the Worst of the Pandemic

“But unvaccinated Americans are still vulnerable to Covid-19, long-term complications and big medical bills.”
https://www.cnn.com/2021/06/08/health/covid-19-pandemic-getting-better/index.html

These Businesses Found a Way Around the Worker Shortage

“Across the country, businesses in sectors such as food service and manufacturing that are trying to staff up have been reporting an obstacle to their success — a scarcity of workers interested in applying for low-wage positions.”
https://www.washingtonpost.com/business/2021/06/10/worker-shortage-raising-wages/

Mission Not Accomplished: Unequal Opportunities and Outcomes for Black and Latinx Engineers

“Engineering occupations are some of the highest-paying and most prestigious in the US labor market, but they are also some of the least diverse.”
https://cew.georgetown.edu/cew-reports/engineering/

Beige Book – June 2021

St. Louis Summary: “Contacts reported that economic conditions have moderately improved since our previous report, although growth was robust in some sectors. Many contacts described a situation in which growth in demand for their products or services is outpacing their growth in capacity. Contacts cited product and material shortages and low staffing levels as key constraints.”
https://www.federalreserve.gov/monetarypolicy/beigebook202106.htm

Tracking America’s Recovery

“From your job to your home to your groceries, Covid-19 has disrupted nearly every aspect of life. This dashboard shows how the economy continues to change as we grapple with life during the pandemic.”
https://www.cnn.com/business/us-economic-recovery-coronavirus

The Impact of Coronavirus on U.S. Job Postings Through June 4

“U.S. job postings on Indeed.com on June 4 were 28.6% above February 1, 2020, the pre-pandemic baseline. Human resources jobs have increased dramatically.”
https://www.hiringlab.org/2021/06/09/job-postings-through-june-4-2021/

The Jobs Are Coming Back — But the Workers Are Not

“Roughly half of workers recently surveyed said they would turn down a job offer that mandated full-time in-office work.”
https://www.nbcnews.com/business/economy/jobs-are-coming-back-workers-are-not-n1270168

More Than Half of Employees have Experienced Significant Damage to Their Workforce Health Since the Start of the COVID-19 Pandemic

“Organizations must address three lessons to sustain workforce resilience through disruption.”
https://www.gartner.com/en/newsroom/press-releases/2021-07-09-gartner-hr-research-reveals-more-than-half-of-employees-have-experienced-significant-damage-to-their-workforce-health-since-the-start-of-the-covid-19-pandemic

Public Backs Requiring COVID-19 Vaccine to Attend School

“51% in favor for middle school students, 61% for college students. Partisanship, vaccination status key factors in opinions. Slim majorities of parents plan to have children vaccinated.”
https://news.gallup.com/poll/351035/public-backs-requiring-covid-vaccine-attend-school.aspx

During the Pandemic, Teen Summer Employment Hit Its Lowest Point Since the Great Recession

“Fewer than a third (30.8%) of U.S. teens had a paying job last summer. In 2019, 35.8% of teens worked over the summer.”
https://www.pewresearch.org/fact-tank/2021/06/07/during-the-pandemic-teen-summer-employment-hit-its-lowest-point-since-the-great-recession/

Working In Sweatpants May Be Over As Companies Contemplate The Great Office Return

“45% of full-time workers in the U.S. are still working remotely at least some of the time. Among white collar workers, it’s about 70%. In survey after survey, an overwhelming majority of workers say they want flexible work options to continue.”
https://www.npr.org/2021/06/07/1002141237/working-in-sweatpants-may-be-over-as-companies-contemplate-the-great-office-retu

There is a lot of stuff we can’t control, but it is completely in our power to decide what the definition of a good job is. That’s up to us.” – Mike Rowe

About Richard Schumacher

Richard Schumacher is the technology manager for the Workforce Solutions Group of St. Louis Community College. He connects, designs, and applies technology to meet business user needs with eLearning, training, web content, instructional design, IT system, and performance improvement solutions. Richard has held various Microsoft Certifications since 1993. Learn more about Richard by following him: LinkedIn - Twitter - Articles - Email

You must be logged in to post a comment Login