SLC Economic Development Workforce Development Manager Jake Maxwell offers this latest blog on how promoting growth, diversity, and your employee’s strengths will minimize workforce turnover. As always, we’d love to hear your feedback.

Something interesting is happening with low unemployment, which is keeping businesses on their feet and trying to make themselves more valuable and attractive to job seekers. They are now hiring folks who, 5 years ago, would not have been considered to have the “skills” necessary to do the job. They are also investing more in training. In turn, when employers invest more in training, this tends to promote retention and reduce turnover. But as economists try to explain unemployment numbers, we often fall into a “skills gap” explanation when this may not actually be true.

More here…https://slcecondev.com/2018/11/21/jobs-unemployment-and-wages/