Published Sep-11-2007
The biggest change is that the state is seeing its lowest unemployment rates since the late 1990s (Graph 1). Plus, the labor force – those working and looking for work – is growing slowly despite moderate growth in the state's population. All this means the supply of folks needing jobs isn't growing as fast as it has in the past. Economic theory tells us that, as the supply of labor tightens, employers may have to offer higher wages to attract workers. Adjusting benefits and recruitment strategies may also help.
Hiring an employee in today's labor market should be made with all available information. Visit the Occupational Information Center at www.QualityInfo.org to find information on wages, skills, occupations with similar skills, training providers, licensing information, and much more.
If you're an employer looking for the right worker, iMatchSkills gives you the power and flexibility to search your way, 24/7, without paying a fee. Visit www.WorkingInOregon.org, and let iMatchSkills help you zero in on the best candidates.
