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The labor market in McAllen, Texas, is in a state of transformation. Unemployment, which has fallen steadily in recent years, is now near an all-time low. But the population — and the number of job openings — continues to grow.
We have, perhaps, grown accustomed to a labor market where the number of jobs exceeds the number of job seekers. But economic success is not without challenges. Skills gaps can erode a city’s long-term growth and competitiveness. And in fields like healthcare, such gaps can pose risks to more than just economic well-being.