Why Middle Skills Employers Should Care About the Labor Force Participation Rate

Posted by Emma Rose Gallimore on 3/13/19 12:00 PM

The labor force participation rate might seem like one of those statistics that’s more interesting to governments than it is to business leaders. However, in a tight labor market, with an unemployment rate of just 4%, employers should be concerned to learn that there are millions of potential employees in the prime of their working life who don’t have a job and aren’t looking for one. What’s worse, a disproportionate number of these people are middle skills workers.

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Topics: Upskilling, workforce training, labor force participation

 

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