Low Unemployment Leaves States Competing for Talent

Trends

Last week, the U.S. Department of Labor announced that for the first time in 20 years, there are more job openings than people looking for work. Because of this trend, states (including North Carolina) are battling to attract talented workers to help fill vacant jobs or to meet demand from companies who want states to provide a qualified workforce from which they can draw.

Thanks to national data and our own research, we know that family-friendly business practices are a key way to attract and retain top talent.  And economic development specialists agree. Earlier this year, we spoke with Napoleon Wallace, Deputy Secretary for Rural Economic Development and Workforce at the North Carolina Department of Commerce, who shared his view on how family-friendly benefits can help attract talent in a tight labor market.

Learn more about how your business can compete for talent.