It’s the Labor Day weekend, a time when we all take a day off to catch a breath. For many people, this weekend will pass without the prospect of work. Yet many employers are unable to find suitable workers, and jobs are unfilled. What can be done?
“Mismatches in supply and demand for educated workers boost U.S. unemployment and add as much as 2 percentage points to the jobless rates for some cities, according to the Brookings Institution,” Bloomberg reported.
“Cities with larger gaps in education levels between workers and available positions have lower rates of job creation and new openings, the institution’s Jonathan Rothwell said in a report published today. A bachelor’s degree or more is required for 43 percent of jobs, while 32 percent of adults ages 25 and older have attained that education level, according to Rothwell, a senior research associate at Washington-based Brookings.”
“One explanation as to why less educated workers struggle to find work is that there just are not enough job openings available for them,” says Brookings. “The most heavily advertised online job vacancies are in Computer Occupations, which typically demand at least a bachelor’s degree. Other heavily demanded and high-education occupations include Health Diagnosing and Treating Practitioners (in which more than half of the jobs are for registered nurses), Financial Specialists, and Engineers.”
It’s a subject we’re interested in at AMA because our business is training and education for the workplace. “The skills gap is hurting American companies looking to expand,” we wrote earlier this year. “Many say it’s hard to find the right people, so they are turning to so-called upskilling and internal promotion. Existing staff may lack the soft skills required for more senior roles, but training can make a real difference.”
Not everyone believes that unemployment in America is about a skills shortage…