US mining can't find workers fast enough
Friday's blockbuster US employment report showed 321,000 jobs were created in the US in November across a broad range of industries.
The data for October was adjusted upwards and wage growth, which has consistently lagged the topline number also accelerated by more than expected last month.
MarketWatch reports mining and logging is one of six industries that can’t find workers fast enough according to research conducted by the Centre for Economic and Business Research and job site Indeed.com:
Like with manufacturing, there aren’t a ton of jobs in this sector — the BLS estimates that fewer than 100,000 people are employed in the U.S. in the natural resources and mining fields — but the pay is decent at $31 an hour for all employees and $27 an hour on average for nonsupervisory employees. Still, more than 36% of the jobs in this industry stay open for longer than three months (likely for similar reasons that manufacturing jobs stay open, says D’Arcy) with jobs like crew member, crew foreman and field supervisor staying open a particularly long time, says Indeed.com.
It's not unqualified good news for jobseekers however.
One of the reasons these jobs don’t get filled quickly "may have to do with the fact that not many new people are seeking jobs in the field."
In addition, "employers are becoming increasingly picky — they want specific technical skills or experience and there is a very narrow pool of people with those specifics," says Paul D’Arcy, the senior vice president at Indeed.