Better-Than-Expected Job Growth—But Where Are the Skilled Workers?

Season 6, Episode 25: Welcome back to a new episode of Keeping it Real with Dr. Kuehl. This week, Dr. Chris Kuehl talks about the latest labor data, stronger-than-expected job growth and what it means for the economy.ASA Chief Economist Dr. Chris Kuehl is back with his weekly economic update podcast. In Season 6, Episode 25 (7:44 in length), Dr. Kuehl breaks down the encouraging employment numbers, the ongoing shortage of skilled workers and how workforce challenges may affect business productivity.Were the latest labor numbers better than expected?Where did the economy add 162,000 jobs?Why did job growth improve after several slower months?How did seasonal hiring affect the latest numbers?Why are companies struggling to find trained and experienced workers?Are businesses hiring untrained employees and training them internally?How long does it take for a new employee to become fully productive?Could workforce training slow business growth and capacity utilization?What is capacity utilization and why does it matter?Which industry experienced the largest employment gains?Is the healthcare sector beginning to recover from pandemic-related workforce losses?Could retail hiring provide another boost in the coming months?Ask Dr. Kuehl a Question!Have a question or topic for Chris Kuehl that you would like answered on this podcast? Email it to Brianna Dovichi at [email protected].