As the US economy continues to improve in the wake of the so-called Great Recession, production has reached levels not seen since years before those dark days of 2007-2008.
With a jobless rate of 5.5%--a figure reflecting a 0.7% drop since August of 2014--it comes as a surprise that business owners in the United States are having a hard time finding qualified candidates to fill skilled labor positions. An aging and retiring baby boomer population and the rise of the high tech workforce have created a gap in the number of skilled workers in the U.S.
As business owners struggle to meet the expectations of their clients, the lack of skilled workers becomes more of a threat to economic growth than previously expected. In this infographic, we investigate the causes of the lack of skilled workers in the United States, as well as the problems that the shortage creates for economic growth in the wake of the Great Recession.