Labor shortage issues. Labor shortages are delaying projects, which in turn increases costs for consumers and businesses. (Photo: Shutterstock)

"Help Wanted." It's a common refrain these days among employers looking for skilled workers and laborers. Across the country, the U.S. unemployment rate is at a record low 3.8%. While this may be good news for those looking for work, it's definitely creating problems as well. Employers can't find the workers they need to fill job openings and in many cases, it's impacting production or leading employers to open their doors to more risk — in the form of unskilled, poorly trained or unprepared new hires.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.