America Has Too Many Farmers, Fishermen, and Foresters

Analyzing the top news stories across the web
June 21 2014 5:15 AM

America Has Too Many Farmers, Fishermen, and Foresters

He's also getting a computer science degree.

Photo by Buddhika Weerasinghe/Getty Images

This post first appeared in Business Insider.

It can be counterintuitive to hear about labor shortages even as the national unemployment rate remains elevated. The issue behind this is the skills gap. In other words, those available to work don't have the skills for the open jobs.


"According to the Conference Board’s Help Wanted Online Data Series, employers are having the most difficulty filling professional occupations," note Wells Fargo's Anika Khan, Michael Brown, and Blaire Zachary. "For professionals, there is about only one unemployed worker for each online ad, and for occupations like computer and mathematics, medical professionals, architects and engineers, there is a clear shortage of workers with the ratio barely above zero.

"Although labor demand, as measured by online ads, is split fairly even between professional and services/production ads, about 80 percent of unemployed workers seeking employment online are looking for services/production occupations. Currently, there are more than four unemployed workers for each vacancy in services/production fields. The ratio is much higher for construction and grounds maintenance workers at 6.7 and 5.8 unemployed workers for every job ad, respectively."

According to the data, the category with the biggest supply/demand imbalance is Farming, Fishing, and Forestry.


Wells Fargo

Sam Ro is Business Insider's markets editor. Follow him on Twitter.



The World’s Politest Protesters

The Occupy Central demonstrators are courteous. That’s actually what makes them so dangerous.

The Religious Right Is Not Happy With Republicans  

The XX Factor
Oct. 1 2014 4:58 PM The Religious Right Is Not Happy With Republicans  

The Feds Have Declared War on Encryption—and the New Privacy Measures From Apple and Google

The One Fact About Ebola That Should Calm You

It spreads slowly.

These “Dark” Lego Masterpieces Are Delightful and Evocative


Operation Backbone

How White Boy Rick, a legendary Detroit cocaine dealer, helped the FBI uncover brazen police corruption.


Talking White

Black people’s disdain for “proper English” and academic achievement is a myth.

Activists Are Trying to Save an Iranian Woman Sentenced to Death for Killing Her Alleged Rapist

Piper Kerman on Why She Dressed Like a Hitchcock Heroine for Her Prison Sentencing

  News & Politics
Oct. 1 2014 7:26 PM Talking White Black people’s disdain for “proper English” and academic achievement is a myth.
Oct. 1 2014 2:16 PM Wall Street Tackles Chat Services, Shies Away From Diversity Issues 
Oct. 1 2014 6:02 PM Facebook Relaxes Its “Real Name” Policy; Drag Queens Celebrate
  Double X
The XX Factor
Oct. 1 2014 5:11 PM Celebrity Feminist Identification Has Reached Peak Meaninglessness
  Slate Plus
Behind the Scenes
Oct. 1 2014 3:24 PM Revelry (and Business) at Mohonk Photos and highlights from Slate’s annual retreat.
Brow Beat
Oct. 1 2014 9:39 PM Tom Cruise Dies Over and Over Again in This Edge of Tomorrow Supercut
Future Tense
Oct. 1 2014 6:59 PM EU’s Next Digital Commissioner Thinks Keeping Nude Celeb Photos in the Cloud Is “Stupid”
  Health & Science
Oct. 1 2014 4:03 PM Does the Earth Really Have a “Hum”? Yes, but probably not the one you’re thinking.
Sports Nut
Oct. 1 2014 5:19 PM Bunt-a-Palooza! How bad was the Kansas City Royals’ bunt-all-the-time strategy in the American League wild-card game?