Universities, business must collaborate on workforce needs
All across the nation, legislators and employers alike are concerned about a shortage of qualified workers. A number of factors are at play in this, including a low unemployment rate, a decreasing pool of high school graduates, a shift in population from rural areas to the Twin Cities metro, and a large wave of baby boomer retirements.
Over 10 years, the Minnesota economy will need to fill over one million jobs. Complicating an already difficult challenge, 74 percent of those jobs will require postsecondary education.