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There are national, state, local and even industry- or occupations-specific labor exchanges. In general, they are typically an association of some combination of human resources personnel, employers, workforce agencies, industry group and community organizations working together to improve labor market efficiency. This could include the sharing of best practices, research, technological solutions, labor market information, job each engines, and other things that help employers find the workers they need and for workers to connect with employer. Labor exchange also can identify the training and skill needed for various occupations.
Labor exchanges provide valuable resources for connecting workers and employers... the connections that matter for preparing and building our nation's workforce.
What’s That Again? ...or Census Data Reveals Surprising Economic Insight into U.S. Businesses and Job Creation
Citing U.S Census Bureau data, according to a new report out by the Kauffman Foundation, job creation in the United States hit a 29-year low in 2009 at the height of the Great Recession. That takes us back to 1980 when the U.S was in the midst of another recession when interest rate rose and farming, not automobile manufacturing, was particularly hard hit.
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