Key Steps to Satisfying Workforce Needs
23 Aug 2023
News
According to the Bureau of Labor Statistics most recent report released on March 10, 2023, the unemployment rate for March was 3.5 percent. The unemployment rate has hovered at this level over the last 12 months, ranging between 3.5 percent and 3.7 percent, except for in January 2023 where it dipped to 3.4 percent, which was the lowest rate since 1969. During times of low unemployment, employers may struggle to meet their hiring and retention needs for a skilled workforce. Without a skilled workforce, industries find themselves struggling to maintain production levels to meet customers’ needs and sales or growth goals.
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The skilled trades are at a pivotal moment in time. More than a decade of understaffing issues remain unresolved as the Great Retirement looms, and current economic uncertainty is shifting budget priorities away from workforce development at many organizations. As for the next decade, the U.S. Bureau of Labor (BLS)...

RMCEP’s Restoring Connections Grant Program: A Fresh Start for Justice-Involved Individuals
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RMCEP will serve 38 participants through the program. The program’s...

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