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Central Minnesota Faces Labor Shortage As Baby Boomers Retire Without Replacement Workers

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Central Minnesota Faces Labor Shortage As Baby Boomers Retire Without Replacement Workers

The St. Cloud area is losing workers faster than it's gaining them. Economist King Banaian points to baby boomer retirements outpacing new hires, creating a local job shortage even as unemployment stays low across Central Minnesota.

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Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Central Minnesota Faces Labor Shortage As Baby Boomers Retire Without Replacement Workers WJON

Source: WJON

This story

12 out of 100

“Central Minnesota Faces Labor Shortage As Baby Boomers Retire Without Replacement Workers” scores 12 out of 100. The score uses 1 sources.