The U.S. unemployment rate is a low 4.2 percent, but a lower proportion (63 percent) of American adults are in the labor force than ever. These numbers seem to be at odds with each other, suggesting that many of those who can work are discouraged by their employment prospects and not bothering to look anymore.
While the U.S. economy has rebounded from the 2008 recession, many remain left out: rural populations, veterans returning to civilian work, those with less than a high school education, younger workers and those whose jobs are being phased out and must transition into different fields. This is especially true for those who had filled the over 140,000 coal mining jobs lost from 1980 to 2015, and the over 7.2 million manufacturing jobs that ceased to exist during the same time period. Moreover, emerging technologies have the potential to disrupt the global workplace and increase economic disparities – requiring new strategies to meet shifting skills demands.
Read the Full Article at www.usnews.com >>>>