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Conclusions <br /> Recent layoffs and increases in the unemployment rate in rural <br /> ,yg Minnesota have raised many questions concerning the supply and <br /> demand for workers in a given region. Region 7W's Job Vacancy <br /> Rate of 4% is •in line with the state's 4% rate. This indicates that the <br /> ,• job market is as tight for workers in Region 7W as in Minnesota as a <br /> \ X whole. Many workers from Region 7W may be required to accept a <br /> \ job that requires a skill or education level below what they have <br /> =n attained, take a job for less pay, commute a further distance to find a <br /> - good job match, or relocate to where their skills are needed. <br /> On the other hand, recent workforce shortages have raised <br /> concerns about finding qualified workers to fill current and future jobs, <br /> especially in high demand fields such as healthcare. Fortunately, <br /> potential workers exist within the jobless and employed populations. <br /> A significant number of employed part-time workers would work more <br /> hours if offered. Although many non-working respondents are retired <br /> •.\,,,,\ and will probablyplaya diminishingrole in the workforce, other non- <br /> '' ,,_,_ working residents who reported looking for work most were seeking <br /> full-time employment. <br /> Underemployed workers represent another potential pool of <br /> labor. There is evidence that many workers have higher wage <br /> possibilities in occupations related to their current job(s) and are <br /> Itiro ;'.. therefore underemployed. Other underemployed workers are <br /> represented by part-time workers who would rather work full-time and <br /> workers with a level of educational attainment beyond the <br /> \` requirements of their current job. <br /> If underemployed or non-working individuals are to move to <br /> higher paying or high-demand occupations, retraining will be <br /> necessary in many cases. Over half of total respondents indicated <br /> they would seek further training if it meant getting a better job. <br /> n V� ' <br /> , <br /> r ,&tic', '\'''‘‘‘‘,.•.=''' %„4'v.':,.• <br /> 1,44 4'-k4t 1„,,,,,.. Al•••'',. <br /> Fury <br /> 2001 Labor Force Assessment—Sherburne County 24 <br />