Professor of economics Susan Helper says the key to finding workers is higher wages.
The tax cuts set to be rolled out as a result of the recent G.O.P. tax bill will give corporations a break and could result in more jobs. But do we have enough workers to fill them?
Weatherhead School of Management’s Professor of economics Susan Helper was interviewed by CNN Money on the topic.
“Employers really aren’t trying that hard. If you really want to fill a position, you would raise the wage," said Helper, who also served as the chief economist in the Commerce Department under President Obama. “Employers seem extremely reluctant to raise wages.”
The article continues, outlining the challenges some employers face to train or retrain workers who don’t have the right skill sets for the job. It also goes on to say that for corporations, all signs show jobs and wages may not be the priority.
Read the full article on money.cnn.com.
Interested in learning more about Weatherhead programs? Request more information or apply now, or register for one of over 70 open enrollment courses through Executive Education.
Weatherhead School of Management at Case Western Reserve University cultivates creativity, innovation, and purpose-driven leadership to design a better world.