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The Missouri Economic Research and Information Center (MERIC) released new statewide employer survey results to correspond with its 2020 Missouri Economic & Workforce Report, which was published earlier this fall.
The Economic & Workforce Report tracks the state’s economy and workforce by fiscal year (July 2019 – June 2020). The corresponding employer survey results focuses on several notable data points, including job growth, hiring trends, barriers to expanding employment, skill shortages, job applicant shortcomings, and a comparison of metro and non-metro employer responses.
This year the survey was delayed several months to ensure maximum employer participation and to gather feedback regarding the COVID-19 pandemic’s impact on Missouri’s workforce. Responses were gathered from Missouri companies with five or more employees – 400 employers located in metro areas and 290 from non-metro areas of the state.
The data show that 58 percent of employers said that COVID-19 was the main driver for significant increases or decreases in employment. During the next year, however, 56 percent of employers expect staffing levels to remain the same as this year.
“It’s clear from the data the COVID-19 pandemic and its subsequent economic impact presented major challenges for Missouri businesses,” Assistant Commissioner for Performance and Strategy, Veronica Gielazauskas, said. “However, the fact that most employers anticipate retaining employment levels over the next 12 months, and that a greater percentage of employers plan to expand employment next year, gives reason for optimism moving forward.”