Shipyard - Federal Government and Military Industry Growth Forecast slide image

Shipyard - Federal Government and Military Industry Growth Forecast

What are the Implication for the WDC and Hawaii's Public Workforce System • Current Unemployment Rate is low, about 3%. Projections and data suggest Hawaii's GDP and employment will experience positive growth through 2018. • In the past, when we got closer to full there is increased need for basic employability skill •⚫ We are putting workers back into industry sectors that are cyclical that still suffer from the vulnerabilities of the lack of economic diversification • Kind of feel that the exposures that were identified earlier feel more pressing. Businesses need new sources of labor - Employees' market. . Economic growth can be limited by worker shortages
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