A new article from a leading business publication attributes the shortage of educated workers as a contributor to the U.S. jobless rate. Based on a new report, the article says, “mismatches in supply and demand for educated workers boost U.S. unemployment and add as much as two percentage points to the jobless rates for some cities.”
Other facts revealed in the article include:
• “About two-thirds of the nation’s population lives in the 100 largest metro areas.”
• Jobs in the country’s 100 largest metro areas need more training than the workforce has.
• Cities with larger gaps between worker education levels and available jobs tend to have lower rates of job creation and new openings.
• “A bachelor’s degree or more is required for 43 percent of jobs, while only 32 percent of adults over the age of 25 have attained that level.”Tags: cyber security jobs, technology jobs, technology skills shortage