DEED predicts job growth constraints will decrease as more get vaccinated

DEED is predicting that as more of the population gets vaccinated, the constraints on job growth from the labor supply will decrease.

State economists say the dramatic shifts over the course of the pandemic, from the steepest job losses to the fastest rebounds ever recorded will take time to balance out.

There are apparently mismatches between skills that employers are looking for and the skills of available workers, as well as in location, work schedule, and other aspects of jobs.

The relatively low unemployment rate and the sharp drop in the labor force is a concern for Minnesota employers who are trying to hire workers in large numbers.

There are reportedly 13,500 part-time workers who would like full-time work, which is an increase of nearly 40 percent since pre-pandemic.

 



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