ManpowerGroup’s annual Talent Shortage Survey, released today, reveals that 32% of U.S. employers report difficulties filling job vacancies due to talent shortages. This marks a decrease of 8%, falling from 40% in 2014. Globally, the percentage of employers experiencing difficulties continued to rise, increasing from 36% in 2014 to 38% in 2015.
Among U.S. employers, 48% acknowledge that talent shortages have a medium to high impact on their business, but few are putting talent strategies in place to address the problem. One in five U.S. employers is still not pursuing strategies to overcome talent shortages, despite the negative impact on their business. This is up from 12 months ago when 13% of U.S. employers reported they were not pursuing strategies to overcome talent shortages.
“Talent shortages are real and are not going away,” said Kip Wright, senior vice president, Manpower North America. “Despite impacts to competitiveness and productivity, our research shows fewer employers are trying to solve the problem through better talent strategies. As the struggle to find the right talent continues, and candidates with in-demand skills get the upper hand, employers will be under pressure to position themselves as ‘talent destinations’ to attract the best workers that will drive their business forward.”
For the sixth consecutive year, skilled trade vacancies are the hardest to fill in the U.S., and for the fourth consecutive year, skilled trade roles are the hardest to fill globally. Also on the list of hardest to fill jobs in the U.S. are drivers and teachers.
How Much Difficulty Do Employers Have Filling Jobs Due to Lack of Available Talent?
Talent Shortages are on the rise globally. The problem is most severe in Japan, Peru and Hong Kong
Worldwide, the percentage of employers who are experiencing difficulties filling job vacancies continues to rise in 2015. When compared with 2014, the proportion increases from 36% to 38%. This is the highest figure reported since before the global economic recession started in 2008: in 2007, 41% of employers were facing a talent shortage, falling to a low of 30% in 2009 (Figure 1).
Chosen excerpts by Job Market Monitor. Read the whole story at ManpowerGroup Annual Talent Shortage Survey Reveals U.S. Employers Suffer Largest Talent Shortage in Skilled Trades.