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October 10, 2018

Will the U.S. run out of skilled workers?

  • Hiring has surged and unemployment has fallen to 3.7 percent, but the long-expected wage gains have not followed.
    • By JOSH BOAK
    AP Economics Writer

    Are America's employers at risk of running out of skilled people to hire?

    The U.S. economy has become a seemingly perpetual job-generating machine, having steadily added workers for nearly eight years. Even with the unemployment rate now at 3.7 percent — its lowest point since 1969 — hiring hasn't stalled. So far this year, job growth has averaged a robust 208,000 a month, up from a pace of 182,000 for all of 2017.


     
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