Industrial Insight

unfilled jobs requiring no skill… | December 11, 2012

http://www.alhambrapartners.com/2012/12/09/is-the-us-already-in-recession/

Is The US Already In Recession?

By the way, I saw a disturbing report last week on CNBC from their reporter Phil LeBeau about US manufacturing companies with job openings they can’t fill. The normal explanation for this is that there are no applicants with the necessary skills for the job opening but this report was different. LeBeau profiled two companies with openings that required no skills – apprenticeship type jobs – but had no applicants. Why? It seems that jobless benefits are only slightly less than the starting pay and when you factor in all the other assistance available, taking the job means a pay cut for many applicants. From a short term economic standpoint, it makes perfect sense that these jobs are going unfilled. I don’t know if the answer is for the employers to raise the starting pay or for the government to cut the benefits – maybe a little of both – but having able bodied citizens refusing to take available jobs is a problem on many levels.

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I'm the executive vice president for a steel casting trade association, the Steel Founders' Society of America. I've got a crazy wife, five crazy children, three crazy people that married into the family, and two crazy fun little grandsons.

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