(The Center Square) — Businesses in North Carolina were struggling to find employees before the start of the pandemic and the problem continues.
WalletHub research ranked North Carolina 15th when accounting for the rate of job openings during the latest month available and for the last 12 months from the U.S. Bureau of Labor Statistics. WalletHub gave double weight to the job openings rate during the latest month. North Carolina’s job openings rate last month was 7% and the rate for the last 12 months was 7.43%.
The 2022 Employer Needs Survey, published by the North Carolina Department of Commerce, found more employers reported hiring difficulties in the fall of 2021 than in previous years as 81% responded at least some difficulty attempting to hire someone. Employers said a lack of applicants was the top reason for difficulty, followed by employability issues and offered pay was too low.
Miren Ivankovic, an adjunct professor of economics at Clemson University, told WalletHub the participation rate is more telling than other data points.
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