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Montana labor report: Worker shortage begins as baby boomers retire

September 1, 2015 /

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"It’s not about finding the right worker, but finding a worker." Commissioner of Labor and Industry Pam Bucy

Montana’s low unemployment rate is driving up wages but a serious worker shortage is appearing on the horizon as baby boomers begin to retire, state officials said Monday.

The annual Department of Labor and Industry’s Labor Day report shows at least 130,000 baby boomers in the state are expected to retire in the next decade. Nearly 6 percent of Montana’s labor force is over 65 with an additional 97,000 workers between the ages of 55 and 64.

Currently, Montana doesn’t have enough younger people to fill those jobs even if every one of them enters the workforce, according to Commissioner of Labor and Industry Pam Bucy.

LISA BAUMANN Associated Press

Full Story: http://helenair.com/news/state-and-regional/labor-report-worker-shortage-begins-as-baby-boomers-retire/article_9d1a104a-0799-54a5-aecc-90c1e3dfe972.html

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