All time low unemployment rate sparks small turnout at job fair

All time low unemployment rate sparks small turnout at job fair

Our country is known as the land of opportunity. In Madison, the unemployment rate is at an all-time low, hovering around 2 percent.

Madison’s unemployment rate is hovering just above 2%… while for many years we saw people looking for jobs, it’s now more employers that are looking for people. Job fair happening now in Madison. More tonight on #news3 pic.twitter.com/ZHKkptNhfh

— Jamie Perez (@JamiePerezTV) June 15, 2018

“It’s a tough world right now, to get good people to work for you and keep them and retain them. Coming to something like this to maybe increase the diversity in our bank and giving people opportunities, that’s why we come to these,” says Mike Leibundgut, vice president of human resources at Park Bank.

Leibundgut, one of 40 employers who set up a booth at a job fair in Elver Park, says in the past 20 years, he’s never seen unemployment so low, let alone a turnout that small for a job fair.

Despite the low unemployment rate, the job fair was set up to not only help those who are still seeking jobs, but to help job seekers find employees as well.

“We don’t just help individuals. We’re helping families,” says Michelle Bozeman, development manager at Urban League.

Bozeman helped organize the job fair at Elver Park for a reason that hits close to home.

“I am a product of the Urban League. Over seven years ago, I was working and I lost my job and I came to the Urban League looking for employment. So I not only became a member of the Urban League. I got involved with their training and from trainings I got hired as an employee and as an employee here it is. Years later, I’m still standing here today so I’m definitely a product of what the Urban League does,” says Bozeman.

Bozeman adds that although unemployment being low is a good problem to have, the needs of employers must be met as well.