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Fed’s Williams: Finding Workers Remains Challenging

As per a report, finding workers is still a challenge within the U.S. economy, New York Federal Reserve President John Williams said.

In the current environment, filling jobs can be a challenge,” Williams said in prepared remarks for a speech in Hudson, New York.

“Many are struggling to hire people, especially at the entry-level in construction, nursing, and manufacturing,” he said, adding that “the skills gap is a big obstacle.”

Williams, who is the vice-chair of the rate-setting Federal Open Market Committee, did not make any comments on the outlook for monetary policy in his prepared remarks.

In a Modern Campground report last July, labor shortage prompted the closure of some Glacier National Park campgrounds.

The park usually employs around 16 seasonal staffers to run and supervise its front country campgrounds.

But according to a report, the park has only half of that this year. 

This story originally appeared on Yahoo.

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LooseDigit110
LooseDigit110
February 16, 2024 12:11 pm

This is a vital reminder of the need for creative solutions to bridge the skills gap in key industries. Employers can explore apprenticeship programs and invest in training initiatives to nurture a skilled workforce and meet the demands of the evolving job market.

BreezyFrost77
BreezyFrost77
May 1, 2024 8:37 am

Let’s chat about the current workforce challenges in the U.S. and brainstorm ways to tackle the skills gap. It’s time to get creative with recruitment, training, and partnerships to build a stronger workforce. Together, we can make a difference in our evolving economy. Let’s do this!

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Hi, you might find this article from Modern Campground interesting: Fed's Williams: Finding Workers Remains Challenging! This is the link: https://moderncampground.com/usa/feds-williams-finding-workers-remains-challenging/