Job Market Monitor
Skills Gap
Germany – Skills Gap – Visa Rules for Skilled Workers Relaxed
Starting tomorrow, many foreign investors and their foreign employees will have an easier time obtaining a residence permit in Germany. Two key changes have been made to streamline the visa process for these groups. The EU Blue Card will be introduced tomorrow. Also, capital and job creation requirements have been eased for investors looking to … Continue reading
US – Skills Gap a Myth?
A specter haunts the job market. You’ve witnessed it on the campaign trail. You’ve seen it on TV. It is the idea that the skills of U.S. workers don’t match the needs of the nation’s employers. This “skills mismatch” is routinely held up to explain why the unemployment rate is still at 8.2% three years … Continue reading
India – More hands on offer but not skills
In 2006, a World Bank report on skill development and vocational training in India spelt it out for all – “The relative supply of workers with technical/vocational skills has declined. This may be due to the fact that workers with technical/vocational qualifications do not have the skills that meet the labour market needs – often … Continue reading
India – Only 25% graduates have employability skills
Voicing concern over lack of employability skills among graduates, Minister of State for HRD and External Affairs E Ahamed said that only 25 per cent of them are employable. “Of late, employability of graduates coming out of our educational system is becoming a matter of great concern. I am told only 25 per cent of … Continue reading
India – Employability – A disconnect between what the industry needs and what the students learn
Puneet Mishra, director of Ambition Institute of Technology in Varanasi, is a worried man. He is concerned that a majority of engineering graduates in India are not employable. There is a disconnect between what the industry needs and what the students learn, he said, as the curricula are not upgraded frequently enough to match the … Continue reading
The Skills Gap Fallacy
We can have a philosophical debate about which came first — the chicken or the egg. But when it comes to job creation there should be no such argument. Organizations and individuals who create new organizations are the chicken — they are the job creators. Employees and skilled workers are the eggs — they are … Continue reading
Is America falling behind in the Talent War ?
The search for skills has been a daunting task for U.S. companies trying to find the right person to fill well paying and highly skilled jobs. Despite high unemployment rates, many employers report they’re struggling in the job matching process, frequently complaining that there’s a mismatch between the available domestic workforce and the skills they … Continue reading
Skills Gap Means Longer Hours Hint for Some Jobs
Even in a time of 8% unemployment, some jobs go begging. Surveys reveal a significant share of companies report difficulties filling certain jobs. What’s a company to do when it can’t find workers with needed skills? Work its current employees for longer hours. That’s the conclusion by economists at the Conference Board. The trend suggests … Continue reading
Mobile – Airbus plant will put a dent in unemployment, assuming no Skills Gap
The arrival of Airbus in Mobile will make a measurable impact on the city’s economy, enough to render the city, and even the entire state, better bets for lenders, according to a recent report by Moody’s Investor Service, a rating agency. While the company did not officially adjust its investment-grade, Aa2 rating for the city, … Continue reading
China – Skills Gap May Ease Slowdown
Wages are still climbing rapidly in China and many companies are having trouble filling jobs despite the sharp economic slowdown here—evidence of a structural shortage in the labor market that may help China adjust to slower growth without political instability and whet consumer appetites for foreign goods. Reflecting the tight labor market, wage income for … Continue reading
Youth Unemployment – Skills Gap – Germany will indeed help Spain
Germany says it will help Spain to launch German-style apprenticeships for its young people, half of whom are unemployed because of the debt crisis. Spain’s Education Minister, Jose Ignacio Wert, signed an agreement with his German counterpart in Stuttgart on Thursday, to give more Spaniards on-the-job training with German firms. Spain’s youth unemployment has soared … Continue reading
U.S. Army and the Skills Gap – Industry certifications to validate existing military personnel skills
Over the next five years, there will be up to a million military personnel returning to civilian life and getting into the U.S. civilian workforce. Juxtapose this with the 600,000 jobs currently open in advanced manufacturing and the anticipated need for 10 million skilled workers by 2020, and the Society of Manufacturing Engineers (SME) sees … Continue reading
Skills Gap – There won’t be enough A & P (airframe and propulsion) licensed mechanics for an Airbus Assembly plant when in Mobile
That’s the word from companies that specialize in recruiting and hiring skilled workers for several industries, including the marine and airbus 380 in Vancouver (Photo credit: Cyprien) aviation industries. Bud Collins owns Eagle Marine Services in Irvington. He’s been placing skilled workers in marine jobs for 17 years, including ship building sites like Newport News, … Continue reading
Unemployment is high not because businesses are shedding jobs but because no one is hiring
New Yorker has a terrific one-page summary by James Surowiecki of why so many job vacancies are left unfilled “for want of any sufficiently qualified candidates” while so many people (especially young people with university degrees) are unable to find work. It’s behind a pay wall, so here’s a synopsis: Unemployment is high not because … Continue reading
France – Skill Gap – GE Can’t Find Workers
Clara Gaymard, the head of General Electric Co.’s French unit, has been looking in vain for workers for a factory that makes valves for the oil and nuclear industries in Conde-sur-Noireau in western France. “The plant has 360 employees, 100 of whom will retire in the next four to five years, and we can’t find … Continue reading
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