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The reason unemployment is so low

Posted: 6:03 PM, Aug 18, 2016
Updated: 2016-08-18 22:26:34Z

More than 100 positions are available at Two Men and a Truck, from movers to call center workers to corporate staff.

"Our hiring has to do strictly with growth as we've added franchises," explained Employee Development Coordination, Rocco Cironi. "And, we've added between 30 and 40 a year consistently."

The hiring process has been ongoing throughout the year. Cironi said a number of people have turned out, but it's been a little difficult finding the best candidates.

"For every 20 people that we interview we'll probably hire 5 or 6," he explained. "We're still obviously looking for more, so we're hoping there's still more people out there looking for a job."

It's a similar situation for several companies.

Economist Charles Ballard told Fox 47 News the number of people actually looking for a job is down by 300,000 people.

"There are people who have given up looking for work and if they've given up looking for work, they're not counted as unemployed. And also, there's people who want a full time job, but they can only find part time. And that, if you include all of those, the number is about twice as large," Ballard said.

Which would be more like a 9% unemployment rate.

So, how does a company attract those people back into the work force?

"The more advertising you do, the more likely you are to find the right worker. Offering a higher wage can do it. And then, many businesses are looking for, okay I can't find the worker I need maybe I should offer some sort of training program," Ballard explained.

Advice Two Men and a Truck has taken, hoping to be a more attractive company than the competition.

Ballard says a stronger economy will also encourage people to re-join the work force. But, he says some people, like baby boomers and drug addicts, may never return.