A new Ball State University report says upwards of 150,000 Hoosiers are not able to find work because their skills do not match those needed for new jobs in our changing economy.
The study is part of a report by the Center for Business and Economic Research. Dr. Michael Hicks says the study looks at the job market during the “Great Recession.”
Hicks says about 2 percent of the labor force only has skills that match their old jobs. He says many of those people who lost their jobs will probably never reach the pay grade of those old jobs. Given that, Hicks says the jobless rate will probably hover near 7 percent for several more years.
“What shocked us is they’re not just science and technology careers,” Hicks says. “They’re careers across all spectrum of healthcare and social services.”
Hicks says the study reviewed hundreds of occupations. Ultimately, Hicks says re-training and education should be an ongoing process.