ired to pay that much for your morning jolt, don't fear caffeine withdrawal. the extraction lab will be happy to serve you a more affordable formulation of its jitter juice for just 3 bucks. hi, everyone welcome to "on the money." i'm becky quick. back to school a big shortage of workers whand o and what one industry is doing >> what you need to know about your benefits before you sign on the dotted line. >> that time of year we'll have the hottest holiday toys they are kid tested and kid approved kate hudson, life as royalty and building her brand in the business "on the money" starts right now.

we begin with jobs the labor department says there are more than 6 million opens. a big skills gap that comes along with job seekers that are looking to get hired as our diana olick is hired, sometimes workers need to learn before they can earn >> reporter: inside an unassuming ware house on the outskirts of denver, 18 students are learning how to saw, drill, plaster and paint. they are learning how to build a house. 18 might not sound like a lot but today's home builders are desperate for every last one of them >> every single year, the labor situation has basically gotten worse. people retire, nobody replacing them as an industry, we have done a lousy job marketing our opportunities to young people. >> so oakwood homes, which is owned by berkshire hathaway

started the colorado home building academy, a nonprofit boot camp teaching basic construction skills. the classes are free >> how can you afford it >> we can not afford not to do it >> reporter: the academy hopes to graduate about 200 students from 11 boot camps and double it next year. they range widely from age, race, and gender from a millennial software salesman to a 48-year-old hairdresser. >> this is something i have always wanted to do and learn how. this was a great opportunity >> reporter: it has been hard to fill these class >> i wish we had them begging down the door, we don't when we are work with the younger generation, that's tougher not a lot of people are looking for a job in the trades as their first career we actively recruit every day. having our recruiters out at job fares. we go to schools and talk about career opportunities we talk to local workforce offices all the time we have a lot of community organizations. >> reporter: oakwood has put

over $1 million into this and is working with other companies and organizations. this is an oakwood owned mouse framing factory which donated part of its space for the academy putting potential employees right around the corn any. graduates like 25-year-old alexis monsurate are finding work fast. >> a lot of problem solving and creativity >> her boss says it's an answer to a huge problem. >> she has basic training. we can provide other training depending on what direction she wants to go. >> reporter: the academy may start offering specialty classes. the message is clear, it is never too late to start. >> reporter: you are 48 years old. >> it is like now or never >> reporter: for "on the money," i am diane in olick in denver. >> why is there such a mismatch

for the skills needed and available workers. diana has studies that >> glad to be here >> you studied the out of work population who are they why are so many workers on the sidelines of the labor market? >> from all walks of life. lots of people find themselves in this group. they are disproportionately disadvantaged. more than half have at most a high school dip plloma when jobs are requiring a college education or apprenticeship or post-secondary education only about a quarter of them have worked in the past year >> we just listened to the package where they talked about a woman who was 47 and retraining herself that's a tricky time to try and figure out how to get retraining once you are 44. >> it is the median age of the out of work population is 456789 given be that companies are having such trouble finding workers, i think they need, as oakwood is,

they fleneed to broaden their recruitment pools. >> what about the government's role how can job training programs the government runs be improved to actually find people who have the skills that employers need >> fle good training program needs to meet the needs of the local labor market they also need to support their participants but what we need is a more focused effort to knit together the supply side of the labor market so the workers and the schools and training organizations and the demand side, the employers. >> a lot of the people having trouble right now don't have a traditional four-year college degree is that necessary? are there fields they can get into if you don't have one of those degrees? >> yes a four-year degree is not necessary. what is important is that you have some kind of education

beyond high school >> what surprised you the most >> there were so many people above the ages of 45 the mismatch between that age and stage of life that people are typically in and the general advice, which is to go get more retraining it is not always the norm. schools aren't always ready to be welcoming to older people >> martha, i want to thank you for your time today. >> thanks so much. >> one growing field where the jobs are is the specialty of animal health medicine it is not just pet doctors whose skills are needed. we have more in ken neth square, p.a. >> the demand for vet professionals is on the rise >> there is not a human health

and an animal hilealth. there is human, animal and health >> experts say demand is outpacing supply, particularly in rural areas where they work with knows that produce food >> the application process is highly competitive >> in the united states, we don't have enough slots to accommodate all the students career opportunities are broad ranging from caring for companion animals to running your own practice and working for big phrma companies like zoetis that produce medicine for animals. >> there is an increase in demand for the expertise that veterinarians provide for society related to an increase in the size of the human population, an influence enter affluence in developing countries, as well as an overall increase in urbanization >> reporter: experts say the air

why has shifted as more people are moving into the specialty area which pays more money vet techs make about $32,000 a year veterinarians can make about $88 thousand if you have your own practice where you do choose to specialize, you can make well into the six figures up next, on the money, it is open enrollment time at work when you select your health benefits for next year we'll tell you what you need to know to help you make the right choices. don't look now the holiday shopping season has already gun. we are going to take a look at some of the most popular toys for the holidays and give you the inside track for the kids you are shopping for right now, take a look at how the stock market ended the week.

a look at what's making news a big rebound in october's unemployment numbers the economy added 261,000 jobs it wasn't as strong in enough as some had been anticipating the unemployment rate fell to 4.1% and average hourly earnings were unchanged numbers for the previous month were depressed because of harvey and irma stocks had another unsettling week with the dow touching a new high the nasdaq and s&p 500 climbing as well. the market closed higher the federal reserve kept interest rates steady at 1.25% at its meeting, the fed also signaled it is likely to raise rates at its next meeting in december americans are spending more and saving less. the savings rate fell to a 10-year low. it is down from 6.3% in october of 2015. low unemployment and rising

stock prices contributing to that trend deductibles, co-pays, now is the time of year you have to make your health plan choices at work a study found out about half of us don't jupd stan theunderstanr benefits julie stick is vice-president of benefit plans, the group that did the survey thanks for being here with us. >> thanks for inviting me. >> you would think this would be a happy time we get to see what kind of benefits we qualify for. how come choosing benefits is daunting, confusing and stressful for so many people >> well, you said it it is stressful. a large part of that is because it is not something that is all this easy. it is always very complicated. it is something that most employees only deal with on a once a year basis, kind of on a drive-by it is hard to understand all the choices that are open to you what you choose does make a

difference >> 82% of us spend less than an hour trying to figure out what we are going to qualify for in benefits why is that? >> right partly because maybe it is not very interesting to us it is confusing. we know that our employees don't necessarily always want to read everything that we give them it is complicated. sometimes we use jargon and we shouldn't but we do. so it is not a fun task to do on a weekend. >> a lot of times it doesn't seem like there is that much difference between what is being offered this year and what was offered the year before. is that unusual? >> no. that's pretty typical. you really should take a look and see what might have changed in the plan that you are looking at and see if it still covers everything you need. see if anything has changed in your life that you would need to make a different choice. >> what's the biggest mistake we make that we should maybe be able to avoid? >> the biggest mistake is going for the plan that's the

cheapest you look at the premium price and think, oh, this one is cheapest i am just going to sign up for it what you should really do is take into consideration things like you mentioned early on, deductibles and co-pays, co-insurance and what your out-of-pocket might be when you are finished what do you have planned for next year? are you going to have a baby do you know if you are going to have surgery do you know if your son is going to need braces take all of that into consideration when you pick. >> if you don't have one of those events, how much money you should put into a flexible spending account or health spending account any tips for what a baseline should be? >> what you should do is look at what you spent this year if you don't have anything specific next year, look and see what you spent this year and plan accordingly >> julie, thank you for joining us today >> thank you thanks very much >> up next, we are on the money

from bargain buys to spending splurges, the hottest toys this holiday season you may know her from the movies but these days, kate hudson is busy building a multimillion-dollar active wear company. we will tell you why she is all in when it comes to retail i love you, couch.

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sometime for the holiday shopping season. we predict americans will spend more than $678 billion up about 3.5 above last year what can parents expect to see >> joining us is liz vacarelo, great to see you the editor in chief of "parents" magazine how did they come up with this list >> we test our toys. over 500 of the toys with 50 real life toy testing kids we watch them and find out which ones really delight the little ones. >> if you are looking for something that the kids are going to love and that is not going to break your wallet, what have you got >> for only $15, you get fing fingerlings. these guys open and close their eyes they hang and jingle if you have two together and you clap, they sing together these are hard to found.

if you go to walmart, they have the sloth and the unicorn is at toys "r" us. >> which is a reason to make people come back into the brick-and-mortar stores. >> if you are willing to spend slightly more? >> we also have play dirt in a jar. this is only $13 >> you play $13 for dirt >> but it is not dirt that you have to clean up it is like dough dirt. he can have fun with that. >> it is not real dirt it is okay >> these are two that are at the lower end of the spectrum. >> this is so much fun our toy testers loved this ice-cream cart that has a magic ice-cream scooper. what happens is this works on development and member or zation and sequencing the magic ice-cream scoop

leapfrog's scoop and learn, a child can make a sundae with sprinkles and whipped cream. the kids played with this for hours. >> if you want a little free time, this is where to go. >> one of the hot movies was all around minions what are these things? >> a little miniminion r.c he speaks minion language. >> just like my son. >> there is a turbo dave app which has over 140 sound effects and you can guide him all around the house and he can get under your foot. you can have all sorts of tripping over him. look at how cute they are. >> i remember hatchimals from last year. this is a slightly different version. >> this is mathatchimals surpri. they are twins one comes out from underneath the tech this is $70.

the technology is incredible as the twins age, they develop like real children do. they start to talk to each other. they go from basketballing to talking to eating. so you can follow the directions on the little card and really grow your hatchimal glchlt is that wi >> that will be harder to find >> everywhere i look are unicorns this is how i dressed my daughter for halloween this is the ultimate >> nthis is a plush ride-on. it is so sweet and super, super soft and goes 2.5 miles an hour and it drives. we have a light up horn and it plays magical unicorn music. that's so sweet. they love it, because it is unicorn but it is also riding and there are lights and sounds. total delight. >> thank you so much for joining us

i am going to go and try all of the stuff before you guys get a chance to. >> a look at the news for the week ahead we sat down with actress and entrepreneur, kate hudson. why she made the move from film to fitness and how she feels about her famous mom and dad. >> until the day you die, you always want to make your parents proud no matter where you are. these birds once affected by oil

are heading back home. thanks to dawn, rescue workers only trust dawn, because it's tough on grease yet gentle. i am home, i am home, i am home here are the stories coming

up that might impact your money monday is national nachos day. on monday, president trump continues his trip to asia and will be in seoul, south korea. tuesday, election day. six house seats, one senate seat and two gubernatorial seats up for grabs. it is the fourth anniversary of the twitter ipo. if you invested $100 on that company and waited all this time, right now, only about $50. a long-time favorite of parents and children alike, sesame street made its debut in 1969 when you think of kate hudson, you think of hollywood she is taking on a role of entrepreneur she is the co-founder of the active wear company fabletics. i asked her who she looks to for business advice? >> i wanted to get into fashion. i am a mom of two. movies take me away for much longer hours than i like as a single mama. i felt like if there is something i want to be talking

about that i am really passionate about, what purpose behind it is important for me to get out there? to me, it is just healthy lifestyle sgchlt will you are t. >> you are the name and the face do you know what's selling well and what is not? are you checking numbers on a daily basis? >> yeah, i wouldn't say daily basis but definitely monthly >> what is the benefit of being a digitally native company >> one of the benefits is having the technology to have the data to create more seamless operation. just because retail is taking -- is hurting right now it is a very tough time. we are having a lot of success in retail. it is because we have the data to know how to create the retail experience >> is there anybody that you turn to to for advice, any of your friends or family members >> kurt is someone that i like to go to to talk about a lot of

different things when it comes to business. >> i saw something that kurt recently talked about in an interview where they asked him what he was proud about with you. he ran the gamut he also loved what you are doing with this company on your own list of your accomplishments what you have done how does it rate i think it is pretty up there. if there is anything to be the most proud of inside of the work that i have done in my life, it is building a community for women to feel supported and to go back to my dad. he always said he had very high expectations of me those expectations that he had somehow drove me to be a very ambitious person it is not necessarily about financial success as much as it is about finishing something until the day you die, you always want to make your parents proud g sl i have proud. >> i have a question about harvey weinstein

the fear of coming forward with something like that is enormous for a woman. it could mean their career, everything that they have ever worked hard for. harvey is not the only one unfortunately. it has just created a climate for, i think, real change. >> my thanks to kate hudson. if you were wondering, kate has short hair these days, because she shaved her head for her next movie role it is growing back very quickly. i am becky quick thank you so much for joining us we go from nba superstar to entrepreneur we'll be meeting kobe bryant and find out about his new business. each week, keep it right here. we're "on the money. have a great one and we'll see you next weekend

hey there, we are live at the nasdaq market site the guys are getting ready behind me. while they're doing that, here's what's coming up on the show >> oh, you can find me any day at macy's. >> what's macy's >> it's a stock that's lost half its value this year. the chart suggests it's going even lower on earnings next week we'll tell you how to cash in. plus here's what chip stocks have been doing this month ♪ up up and away >> but if you missed the move, we've got a way you can still make money and it's the one name traders see having a huge move next week. want to know what it is?