How do we fix the workforce shortage?

How do we fix the workforce shortage?
How do we fix the workforce shortage?(Valeria Fugate)
Published: Jul. 20, 2022 at 5:59 PM CDT
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CHEYENNE, Wyo. (Wyoming News Now) - Nationwide over 3 million workers have left the workforce since February of 2020.

According to the U.S. Chamber of Commerce currently, there are over 11 million jobs that need to be filled.

Beyond the pandemic, the workforce shortage is due to a few things, including low immigration, inflation and early retirement.

As global inflation increases so do the demands for livable wages, and a major issue affecting employers is the workforce shortage.

”When you look at employers that are paying minimum wage, 10 dollars per hour, those aren’t livable wages. So what generator skills are doing is really trying to identify the employers that are paying fair wages, and encourage employers that are not doing that to do exactly that,” said Cole Shearer, Vice President of Gener8tor Skills Accelerators.

The pandemic brought to light many social issues, like work satisfaction, child care, limited immigration, and career path changes among a few.

Resulting in some folks choosing to retire early, work in the gig economy, or even go back to school, or  “upskilling” their skill sets to create a better standard of living.

“Employers, they need to look at their practices and realize they are losing talent because of the wages, are the factors coming into play and really being able to support those employers along the way to make sure those changes are happening,” said Shearer.

Other answers to fill the workforce gap include automating some jobs, increasing the pay and bettering the work environment.

”The person waiting on you at the restaurant, or that guy picking up your garbage the wages for them go up because they are competing so if you got garbage sitting around all of a sudden there’s an incentive to pay more for your garbage,” said Dale Steenbergen, President and CEO of the Greater Chambers of Commerce.

Experts say this situation is creating a delicate balancing act for business owners,  between the bottom line and employee retention

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