
Economic Issues | |
Maintaining Standards Despite A Labor Shortage |
Some employers are willing to hire any warm body that comes through the door, so tight is the U.S. labor market. But others are leaving a critically important job unfilled for perhaps months at a time, rather than lower their personnel standards. In fact, some employers are even raising their standards. Why are they following such a strategy, which may entail assigning more responsibilities to existing workers, paying overtime or hiring temporaries?
This trend does not bode well for job applicants who are trying to exit welfare rolls. Some employers report that they are refusing even to interview some applicants who appear to them to be potential problems. George Daniels, president of Daniels Manufacturing Corp., an Orlando, Fla., manufacturer of aircraft-industry parts, says he worries that there's "a higher-than-normal percentage of potentially litigious applicants in the labor pool right now." Source: Robert Johnson, "Some Employers Lift Hiring Standards Amid Labor Shortage, Weak Applicants," Wall Street Journal, February 17, 1999. For more on Full Employment http://www.ncpa.org/pd/economy/econ5.html |
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