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Building a Stronger St. Louis Economy: Workforce Solutions for a Thriving Community

More than 142,000 individuals in the St. Louis area are seeking employment, facing challenges due to economic downturns, natural disasters, and industry declines. While businesses are cautious in hiring, future prospects are hopeful in key sectors like Education, Retail, and Transportation. Training programs are essential to address the shortage of skilled workers and provide efficient workforce re-entry options. Visit www.stlworkforce.org for valuable resources.

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Building a Stronger St. Louis Economy: Workforce Solutions for a Thriving Community

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  1. More than 142,000 in the St. Louis area are currently looking for work. Unemployment rate highest in years. Sources: U.S. Bureau of Labor Statistics and MERIC

  2. Region hammered by global economic recession, natural disasters, and auto industry decline. Sources: U.S. Bureau of Labor Statistics and MERIC

  3. St. Louis Employer Survey reveals: • Business performance is flat as companies seek to reinvent strategies; • Hiring has slowed in the area; BUT • Future employment plans are optimistic, especially in the Education / Social Assistance / Healthcare, Retail, and Transportation / Warehousing sectors.

  4. However nearly 1 in 4 businesses indicate they are constrained by the lack of available skilled workers and needed training programs, issues that existed before the downturn.

  5. St. Louis Dislocated Worker Survey reveals: • Most dislocated workers have held steady employment, are disproportionately older, and have minimal education; • Earning enough wages to support their families is the top concern; AND • Interested in accelerated training programs to help them quickly transition back into the workforce.

  6. How to balance the design of workforce programs between short-term efforts that can quickly reengage workers with longer term training necessary for many high demand, high wage occupations?

  7. There are more ways to draw a crooked line than a straight one.

  8. We need a strong and thriving St. Louis economy.

  9. Visit www.stlworkforce.org To access additional resources and tools related to this study

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