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Vermont has a new solution to tackle labor crunch: It will pay you $7,500 to move and work in one of its most in-demand jobs

Vermont has a new solution to tackle labor crunch: It will pay you $7,500 to move and work in one of its most in-demand jobs

Vermont is offering people $7,500 to relocate to the state and work in its most in-demand jobs as it looks to ease the labor crunch.

To be eligible for the grant, out-of-staters must have moved to Vermont on or after July 1, 2021, and become a full-time employee of a Vermont employer in a role that has been listed by the state’s Department of Labor as most in-demand. The list of 50 jobs, includes anything from fast-food, restaurant, and retail workers to construction and farm workers.

Workers must also earn a living wage or above, which is currently $13.39 an hour, the state said.

Increasingly, employers, cities, and states are having to become more creative in how they attract and retain workers in the US as the labor market remains tight.

Bloomberg recently reported that some local governments were offering “Wall Street-style” sign-on bonuses to attract workers to public sector jobs, where there are reportedly as many as 780,000 positions to fill across the US.

Businesses in the private sector have adopted similar strategies to incentivize workers – bonuses, perks, and wage hikes, for example.

Over the summer, retail chains relied on teen workers to fill empty roles. A McDonald’s in Oregon is so desperate for workers that it posted signs asking 14 and 15-year-olds to apply.

US job openings rose to 10.1 million in June, reaching a record high, according to the Bureau of Labor Statistics. Last month, growth in private-sector jobs fell short of expectations as experts said that the rise in COVID-19 cases dented recovery.

Read the original article on Business Insider

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