This week’s special question asked AAII members for their opinion about the current state of the job market. About 5% described conditions as improving. Slightly more than 24% of members said the labor market is improving, but the pace of growth remains too slow. At the other end of the spectrum, 24% said the job market is still weak.
Common themes among respondents were wages and job skills. Many members thought too many entry-level or lower-skill jobs were being filled and too few higher paying jobs were being created. Several members also discussed skills, either in terms of workers not having enough skills or being overqualified, or in terms of companies not providing adequate training.
Here is a sampling of the responses:
- “Improving and likely to continue. However, there are a lot of low-paying jobs out there.”
- “Much of the current unemployment is due to a lack of skills.”
- “Stagnant, woeful and lacking for all but the most menial jobs.”
- “Stronger, but wages are too low and there aren’t enough good-paying jobs.”
- “Many workers are being forced to take jobs below their qualifications.”