Question
There is an incredible amount of false information floating around about the labor market. Navigate to https://fred.stlouisfed.org/categories/32443 and review the following information: Labor Force Participation
There is an incredible amount of false information floating around about the labor market. Navigate to https://fred.stlouisfed.org/categories/32443 and review the following information: Labor Force Participation Rate (Seasonally Adjusted) Labor Force Participation Rate (Women) Labor Force Participation Rate (Men)
Now, read this article: https://www.nytimes.com/2022/09/12/business/economy/labor-participation-covid.html
If you can't access the article above, see here: America's Missing Workers-1.docx Is COVID solely responsible for the challenging labor market? Explain your opinion and tie it to the information above and any other literature you collect. Your Text opens with a review of robots and the thought they would steal jobs from humans. Based on the information above, how do you feel robots impact the labor market today and moving forward?
How do you think this will impact the training process model you reviewed this week? Do you think onboarding and training will be so clear and concise moving forward? This impacts HR greatly. I'm seeing a shift away from the demand for skilled people to a demand for people in general. What happens when companies hire unskilled people and expect the state or locals to come in and train them instead of hiring them after they're trained or educated? What impact could that have on.
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