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Stock impact report

Ramstad: In a tight labor market, job fairs have changed to find people on the margins [Yahoo! Finance]

U.S. Bancorp (USB) 
Last u.s. bancorp earnings: 4/15 06:45 am Check Earnings Report
Company Research Source: Yahoo! Finance
Late last month, he also stopped in at the People of Color Career Fair at the Minneapolis Convention Center. "It definitely stood out. There's a lot of other virtual fairs and in-person career fairs. But this was specific to people of color, which made it easier to come to and easier to talk to recruiters and people doing the actual hiring," Mohamed told me during a break at the event. Labor has turned from abundant to scarce in Minnesota. U.S. Bancorp, the Minneapolis banking firm, last week released a survey that showed labor shortage was seen as the top risk by bank executives in the Midwest and Mid-Atlantic states. One effect is that the cottage industry of career fairs has proliferated with events that divide up and target the labor pool in new ways. Many of these events are led by people eager to help prospective workers who have historically been overlooked by employers. In addition to the People of Color event, there have been local job fairs in the past two weeks for Show less Read more
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