Economist says mid-state employers will have to pay more to keep workers
NASHVILLE, Tenn. (OSBORNE) -- A Lipscomb Univeristy economist says new federal data suggests Middle Tennessee employers are going to have to raise wages if they want to hire and retain a qualified workforce.
The U.S. Bureau of Labor statistics released numbers on Tuesday that show American workers are quitting their jobs at rates not seen since the Dot.com bubble peaked in 2001.
WMOT News asked Lipscomb College of Business Economist Andy Borchers to explain the so-called "quit rate" and suggest what the development means for the Nashville market.
Use the link below to hear the complete interview.