Digging into Labor Force Participation Rates with Kevin Sheilley
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Digging into Labor Force Participation Rates with Kevin Sheilley
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About this listen
We've heard a lot about what's been called the "Great Resignation," "The Big Quit," "The Great Reshuffle" - all names given to the huge shifts in the workforce caused, we presume, by COVID-19. However, this implies a singular event with a one-and-done shift in talent. Recently, reports have shown that this disruption may have been a more ongoing process.
With today's guest, Kevin Sheilley, President of the Ocala Metro Chamber and Economic Partnership, we dig into the region's labor force participation rate. It's an important labor market measure because it represents the amount of labor resources available in the economy. Our three-county region has the labor resources but little participation- why?
You've got questions, so do we. Let's discuss on the Biz Spot.