Shortage of workers stalls business expansion

"Workforce issues are the number one economic development issue in Oklahomaquot; says Terry Watson, with the Oklahoma Department of Commerce. "And it is an issue for which there is no single solution."

One recent survey reported that 39 percent of Oklahoma employers who wanted to expand but were unable to do so because they could not find the workers the companies needed, Watson said.

Studies conducted by the department, as well as other research, indicates state employers will need more workers than Oklahoma's population growth is expected to produce.

"The state that solves this problem first is probably going to win," Watson said.

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The Perfect Labor Storm 2.0 is fast approaching!