Report: ‘Not an easy transition’ for employers facing high-tech workforce shortage

A report released Tuesday by the Associated Press found that the federal government is underutilizing its workforce with less than 50% of its projected workforce in good or excellent shape.The report, by the Partnership for a Better Workforce, also found that federal contractors are understaffed, and that federal employees have been laid off.It says companies…

Published by admin inSeptember 18, 2021
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A report released Tuesday by the Associated Press found that the federal government is underutilizing its workforce with less than 50% of its projected workforce in good or excellent shape.

The report, by the Partnership for a Better Workforce, also found that federal contractors are understaffed, and that federal employees have been laid off.

It says companies are struggling to fill jobs and are increasingly looking for new workers, with some leaving the federal workforce entirely.

“Not only are employers in a difficult financial position, but many are faced with an unprecedented shortage of skilled and qualified workers in the federal civilian workforce,” said Laura A. Clements, executive director of the Partnership.

The Partnership for the Better Workplace surveyed 2,200 federal contractors, private-sector workers and employees of private firms with at least 20 employees. “

With the recent economic downturn and the continuing unemployment and underemployment problems, this is an urgent challenge and the federal labor force needs to be prepared for the challenge,” she added.

The Partnership for the Better Workplace surveyed 2,200 federal contractors, private-sector workers and employees of private firms with at least 20 employees.

About half of the companies surveyed had not received an annual salary increase in the last year, with only 34% saying their wages have increased over the past two years.

In response to the report, the Federal Reserve said it has begun to adjust its policy of buying bonds that would be sold to pay down debt.

The Fed’s policy of purchasing bonds to fund its massive purchase of $1.4 trillion in mortgage-backed securities last year has increased the likelihood that future bond purchases will be funded by Treasury bonds.

In an interview with Bloomberg News, Fed Vice Chairman Stanley Fischer said the Fed will consider buying Treasury bonds as long as the inflation rate does not exceed the Fed’s target of 2%.

The Fed also said it is considering buying Treasury debt in the next 12 months.

The Federal Reserve’s decision to purchase bonds has been in place since 2007, but has been subject to a series of challenges including a slowdown in the economy, as well as the rise of the Islamic State of Iraq and Syria (ISIS).

On Tuesday, the National Association of Realtors released a report that showed that home sales are in a slump, with the number of homes sold down by almost 4.7 million units over the last two years, according to the National Real Estate Association.

That has pushed up the price of homes, and is a drag on the economy.

On Tuesday night, the president also told Congress that the economy is growing, and has been the best job growth in more than a decade.

“We are not the greatest job creators in the world, but this is the best we’ve ever been,” Trump said.

“Our economy is thriving and our economy is getting better and better, and the problem is we are not producing the jobs that we need.”

In his remarks, Trump said that despite the economy being “so strong” the U.S. still has some of the highest unemployment in the developed world.

The president also pointed to a report released on Monday by the Federal Bureau of Investigation that found that nearly 10 million people have applied for jobless benefits since October, a new high for that period.

The number of applications has grown by nearly 500,000 in just three months, according the Bureau of Labor Statistics.

The unemployment rate for September was 4.8%, the highest since the Bureau began tracking unemployment in 1960.

The economy grew by 4.3% in the fourth quarter, the fastest pace in three years, and by 4% in 2016, the Bureau said.

It was the second consecutive quarter of economic growth, the bureau said.

The administration has said the unemployment rate is likely to rise, but a report on Tuesday by a bipartisan panel of economic experts warned that the trend could continue for the rest of the year.

“As the unemployment figure continues to climb, we see the likelihood of an increase in future unemployment increasing,” said the panel, which included two economists from the University of Michigan and Princeton University.

“In light of this, we recommend caution in our assessments of future unemployment and our forecasts for the economy as a whole.”

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