Sixty-one percent of Americans believe that today’s workforce is plagued by a skills gap, but do not see themselves as part of the problem, according to new data released today. The Udemy Skills Gap Index, an independent survey commissioned by Udemy, the leading global marketplace for learning and teaching online, and conducted by ResearchNow, surveyed 1,000 Americans between the ages of 18 and 65. The survey polled consumers to determine their thoughts, perceptions and attitudes toward not only the skills they believe they possess, but also how these skills impact their professional lives. The resulting data revealed that despite a perception among American workers that a skills gap exists, 95 percent consider themselves to be either qualified or overqualified for the positions that they personally hold.
The “skills gap” refers to a disparity between the skills Americans have and those employers are seeking. The revelation that most Americans do not believe the skills gap applies to them adds new dimension to ManpowerGroup’s recent “Talent Shortage Survey,” which indicated 40 percent of U.S. employers report difficulty in filling vacant positions with qualified employees. Additionally, despite California’s status as a global leader in technology and innovation, the survey also uncovers new insight into how workers in the tech capital of the world feel about their tech skills -or lack thereof.
The Udemy Skills Gap Index uncovered key findings into mindsets of American workers, including:
A Gender Disconnect – A measurable gender disconnect in perceptions of the skills gap exists, with 68 percent of men believing in its existence as compared to 55 percent of women.
The Role of Higher Ed – While almost half of Americans say their higher education helped them get their first job, more than a third believe they use less than 10 percent of what they learned in college in the workplace.
A Generation Gap – A majority of millennials (53 percent) feel that they have already mastered the skills their jobs require of them, as compared to 43 percent of baby boomers.
Job Seeker Motivation – Thirty-six percent of people seeking a new job report taking no extra action (such as taking an online course, attending networking events or visiting a recruiter) to boost their chances of getting hired.
“These findings indicate that despite a widespread recognition that the skills gap exists, American employees share an ‘It’s not me, it’s you” mentality,” said Dennis Yang, CEO of Udemy. “The data also shows that while higher education may be effective at helping individuals score their first job, skills and knowledge learned at academic institutions become obsolete as Americans change professions and skill-set requirements change. We’re beginning to see workers take ownership of their own skill-set development with particular emphasis on developing technology skills, but in today’s competitive economic climate, it’s simply not enough.”
We could think of the US labor markets as consisting of two distinct pools of workers: skilled and unskilled. And while the unskilled workers are leaving the labor force, the skilled labor market is starting to tighten. Thats part of the reason for the persistent mismatch between job openings and the unemployment/marginal employment rate – … Continue reading
Skills Gap in US Manufacturing – 75 percent of manufacturers surveyed report a moderate to severe shortage of skilled resources
A new Accenture manufacturing and skills study, completed in collaboration with The Manufacturing Institute, looks at the skills shortage in the US manufacturing industry and what actions manufacturing companies can take to address this impediment to growth. Our study includes survey responses from more than 300 executives from a diverse range of US manufacturing companies. … Continue reading
The point is that influential people move in circles in which repeating the skills-gap story — or, better yet, writing about skill gaps in media outlets like Politico — is a badge of seriousness, an assertion of tribal identity. And the zombie shambles on. Unfortunately, the skills myth — like the myth of a looming … Continue reading
The Skills Gap in US – Mismatch across industries and occupations explains at most one-third of the total observed increase in the unemployment rate
Aysegul Sahin, Joseph Song, Giorgio Topa and Giovanni L. Violante develop a framework where mismatch between vacancies and job seekers across sectors translates into higher unemployment by lowering the aggregate job-finding rate in Mismatch Unemployment (Federal Reserve Bank of New York Staff Reports ). They use this framework to measure the contribution of mismatch to the recent rise … Continue reading
Overall, U.S. CEO confidence is improving in 2014, but one area where optimism continues to lag behind is in finding a qualified workforce. According to the latest PricewaterhouseCoopers Private Company Trendsetter Barometer, 57 percent of companies plan to hire in 2014, but over 25 percent of the private companies surveyed cited finding qualified workers as … Continue reading
New data suggest that although many companies continue to complain about the so-called skills gap, few are taking steps to fix it. Continue reading
the decline in the share of workers in middle-skill jobs is due both to a decline in inflows into these jobs and because of a rise in outflows from these jobs research finds Continue reading
US Skills Gap / 39 percent employers are having difficulty finding staff with the right skills finds ManpowerGroup
ManpowerGroup has released the results of its eighth annual Talent Shortage Survey, revealing 39 percent of U.S. employers are having difficulty finding staff with the right skills, down from 49 percent in 2012. U.S. employers report a slightly more pronounced talent shortage than their global peers, 35 percent of whom report difficulty finding the right … Continue reading
U.S. builders and the subcontractors they depend on are struggling to hire fast enough to meet rising demand for new homes. Builders would be starting work on more homes — and contributing more to the economy — if they could fill more job openings. In the meantime, workers in the right locations with the right … Continue reading
Homebuilders have had a difficult time finding labor. This might sound odd considering that 1.5 million construction workers lost their jobs during the recession and only about 80,000 construction jobs have been added back since the recovery began, says Bank of America’s Michelle Meyer. To get a better sense of the health of the construction … Continue reading
It is conventional wisdom that the United States is suffering from a severe skills shortage, for which low-performing public schools and inadequate teachers must shoulder part of the blame (see here and here, for example). Employers complain that they cannot fill open slots because there are no Americans skilled enough to fill them, while pundits … Continue reading