Preparing for Tomorrow’s Workforce
August 2, 2022
By Jim Damicis, Senior Vice President, Camoin Associates and Mara Klaunig, Senior Analyst, Camoin Associates
Introduction
As we write this article, the May jobs report has been released showing the economy added 390,000 new jobs and 330,000 new workers to the labor force.1 Wow!
The unemployment rate was 3.6 percent for the third month in a row with six million unemployed workers, nearly recovered to pre-COVID-19 pandemic levels from February 2020 (3.5 percent and 5.7 million, respectively).
Among the unemployed, the number of permanent j...
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