The Future of Our Workforce

Where are we going to find the labor to keep this expansion going?

As we take a look at what the future might hold for the American workforce, we want to also take a look back at the history of the worker in our nation. . .and the South in particular. This photograph of a welder working on TVA’s Douglas Dam in Tennessee was taken in 1942 by Alfred T. Palmer. We are still in the second longest economic recovery period ever in this country, approaching 90 months. On top of that, at 74 months, the U.S. is enjoying what is now the longest stretch of consecutive monthly job creation on record. The recovery has been solid, with about 15 million jobs created, and 11 million of those new jobs. In September, we reached a record low level of layoffs and discharges of 1 percent according to the Bureau of Labor Statistics. Yes, workers are finally winning in this economy.

 

During this current recovery, the U.S. set a record for the most consecutive months of 200,000 or more new jobs created. Since January 2013, almost 9.7 million jobs have been created, averaging 224,000 new jobs each month. And all of this has been done in a time when the public sector hasn’t created jobs at all. From 2010 to 2013, the private sector…Read More

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