(KTEN) — Even though Texas and Oklahoma set record highs for employment rates, many “hiring now” signs are still posted.
More and more jobs are being created because businesses are expanding with the rapid growth of the economy. This leaves more jobs than people to fill them.
“Instead of the ‘big resign,’ we hear the ‘big shake-up,'” said Janie Bates, executive director of Workforce Solutions Texoma.
People in lower-paying jobs — like those in the service sector — move into positions that provide a more stable environment.
“They go to those jobs that have good pay, good benefits, and long-term stability,” Bates said.
Gov. Greg Abbott said Texas employers created 50,000 jobs in the past month, leaving Texas with a 5% unemployment rate.
“Our economy is so good,” Bates said. “It’s been one of the fastest growing economies in the world…for many years.”
Gov. Kevin Stitt said Oklahoma had the third-lowest unemployment rate in the nation, at 3.2%.
“We didn’t close for the pandemic,” said State Sen. David Bullard (R-District 6). “Especially here in Oklahoma, we stayed open and didn’t destroy our small businesses.”
Texoma has seen an increase in the number of people with jobs.
“As of November, we have about 2,800 more people working than the year before,” Bates said.
With so many people employed, why are there still so many vacancies?
“This new marijuana industry is taking a lot of the manpower that we used to have for other things,” Bullard said.
With the economy continuing to grow, that means businesses are too.
“Everyone wants to grow their business because if you’re in the business to make money, if you grow you have more products to sell, that’s why everyone wants to grow,” said Bates.