Job Market Monitor
Skills Gap
US Skills Gap / Builders can’t find enough qualified workers
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
Germany / Shortage of skilled labour is one of employers biggest problems
“It is getting very difficult to find qualified people,” says Mr. Traublinger, whose family company employs 150 people besides Mr. Henares. “Unemployment is so low – there just aren’t the qualified people on the market. Everyone wants to hold on to the people they have.” Even amid the euro zone debt crisis, German employers say … Continue reading
US Labor Shortages / There’s only one problem with this story: It’s mostly fiction
Are we missing a couple million jobs? These would be jobs that exist but lack workers to fill them. The notion that the recovery is being hobbled by too few skilled workers is seductive. It might explain today’s stubbornly high unemployment and why aggressive government policies to promote recovery have been so ineffective. Low interest … Continue reading
India / From Job Centres to Employability Centres
Minister for Labour and Rehabilitation Shibu Baby John on Saturday said that the employment exchanges in the state would be converted into Employability Centres with the introduction of the Additional Skill Enhancement Programme (ASEP). The project is aimed at converting Employment Exchanges into employment generation centres. These employability centres are being established to change the … Continue reading
Canada and the Talent War / Governments are courting skilled workers
Canadian governments, at both the national and provincial levels, are courting skilled workers such as plumbers, pipefitters, electricians and others from the U.S. and elsewhere. In addition to the program under which Thomas was hired, a category for specific trades began in January to address labour shortages while easing the path to residency, the federal … Continue reading
India / Employability / Classle launches ‘Ready Steady Jobs’
Classle has launched Ready Steady Jobs, a programme to tackle the employability issue. The training, according to Vaidya Nathan, Chief Executive and Founder of Classle, would consist of a series of video tutorials, discussions and assignments, targeted at helping students develop the skills required to land a satisfying job. ‘It is open to students across … Continue reading
Canada’s Parents / Education to fill “skills gap” is risky
Employers say they can’t find workers for the jobs they do have, while our unemployment rate is not returning to pre-recessionary levels. We were curious about whether parents are paying attention to the debate on the “skills gap” and advising their children to think about the skilled trades or science careers. So we asked the … Continue reading
Ontario / People Without Jobs, Jobs Without People
Rick Miner, Ph.D. produced the report People Without Jobs, Jobs Without People in February 2010. Job Market Monitor chooses to present some excerpts given its relevancy in the debate about the extend of the Skills Gap in Canada. -*- While much of the world is understandably focused on the current recession, there is a looming demographic and labour … Continue reading
US / Tech Talent Shortage: A Myth ?
So it turns out the United States is not, in fact, the educational wasteland tech industry lobbyists would have you think. Companies like Microsoft often claim that America is suffering from an economically hobbling shortage of science, math, and computer talent. The solution, they argue, is to let employers fill their hiring gaps by importing tens of … Continue reading
Skills Gap / Banks struggle to recruit compliance experts
Nearly nine in 10 financial services executives are struggling to recruit staff with the right skills as regulatory changes boost demand for experts in areas such as compliance and accounting, a report suggested on Monday. Regulators around the world imposed tighter controls over the financial services industry following the financial crisis, including lifting capital requirements … Continue reading
Businesses around the world are reporting a skills shortage epidemic finds Grant Thornton
Businesses around the world are reporting a skills shortage epidemic that is weighing on growth prospects, according to new research from the Grant Thornton International Business Report (IBR). Almost four in ten (39%) businesses around the world are struggling to recruit the right people, with a lack of technical skills cited as the primary problem … Continue reading
US / The Skills Gap is good for technical college graduates
Tabetha Moore was a year away from earning her associate’s degree in human resources when a local manufacturing company gave her a full-time job in her field and agreed to pay for her last two semesters of school. The 21-year-old hasn’t yet negotiated the salary she’ll earn after obtaining her diploma from Fox Valley Technical … Continue reading
US / There is no shortage of STEM workers says the Economic Policy Institute
In a new EPI paper, Hal Salzman of Rutgers, Daniel Kuehn of American University and B. Lindsay Lowell of Georgetown University find little evidence to support expansion of high-skill guestworker programs as proposed in the immigration bill being debated in the Senate. Contrary to many industry claims, the study finds that U.S. colleges and universities … Continue reading
The 21st Century Workforce and the STEM Dilemma (Infographics)
“The 21st Century Workforce: Skills Gap and the STEM Dilemma,” outlines the current lack of qualified workers and the pressing need to engage students with STEM education. Raytheon believes that in order to build the next pipeline of technologists and innovators to ensure a competitive U.S. workforce and future economic growth, students must be shown … Continue reading
Mining / A Skills Gap for a not so much ‘dirty’ work
Canada’s resource sector is facing a skilled labour shortage due to an aging workforce and a scarcity of new skilled workers. In the next five to 10 years, it’s estimated the global mining industry will need well over 55,000 new workers to meet demand. In B.C. alone, according to the Mining Association of B.C., the … Continue reading
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