Job Market Monitor
Skills Gap
ManpowerGroup’s 2015 Talent Shortage Survey – On the rise globally
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, … Continue reading
Higher Education and Skills Gap in US – New workforce training models needed brookings’ Holzer finds
Employment of Americans in middle-wage jobs has been declining, due to trends both in employer demand and worker skill attainment. Workforce development in the US now mostly occurs in community and forprofit colleges, as well as the lower-tier of 4-year colleges. Enrollment rates are high, even among the disadvantaged, but completion rates are very low … Continue reading
The Skills Gap in India
Of the five million graduates, only 34% are readily employable. Most lack necessary skills required for any role in any industry, according to an assessment tests done by Wheebox-People Strong in association with CII. Census data released in September 2013 indicated that 63.4% of India’s total population falls in the working age group. According to … Continue reading
The 16 skills students require
Today’s fast-changing world requires students with “twenty-first-century skills.” All too often, however, students in many countries are not acquiring these skills. Innovative education technologies such as adaptive learning platforms and interactive games are beginning to show potential for helping address skills gaps. Delivering on the potential of technology will ultimately require effective collaborations among many … Continue reading
Closing the Skills Gap in US – Walmart pledges $100 million to boost jobs
America’s largest company launches a new initiative to help the retail industry close the skills gap that keeps Americans unemployed. One week after announcing plans to increase the pay of low-wage workers to at least $9 an hour, Walmart is delivering more good news on the job front: The company will donate $16 million to … Continue reading
2015 US Manufacturing Skills Gap Report – The skills gap is widening
A strong manufacturing industry is fundamental to our nation’s economic prosperity. Since the industrial revolution, manufacturing has contributed to higher export potential, better standards of living, and more jobs. Investments in manufacturing have a strong multiplier effect for the broader economy, too. Every dollar spent in manufacturing adds $1.37 to the U.S. economy, and every 100 … Continue reading
US – Measuring the Skills Gap
CIO Magazine Publisher Emeritus Gary J. Beach has been studying the skills gap problem for a number of years and has authored numerous articles on the subject. In 2013, he published a book titled The U.S. Technology Skills Gap. I recently asked him why there is an overall lack of awareness about the skills gap … Continue reading
Skills Gap in UK – A construction skills time bomb is ticking according to the Federation of Master Builders (FMB)
According to the Federation of Master Builders (FMB), a construction skills time bomb is ticking, with skills shortages on the increase across a number of trades and professions. The FMB’s latest State of Trade Survey for 4Q14 that small construction firms are experiencing particular difficulties recruiting carpenters, joiners and bricklayers. “As the shock waves from … Continue reading
Skills Gap in US – Skill shortages are not a significant factor impeding current employment growth research finds
Consistent with the view that much of current unemployment must be structural rather than cyclical in nature, even as unemployment has been slow to fall from its recent high level, a number of reports have cited short- ages of skilled workers as a significant barrier to business expansion. A 2011 report by Deloitte and the … Continue reading
Global Talent – High level of willingness to work abroad Boston Consulting Group and The Network find
Together, The Boston Consulting Group and The Network conducted research on today’s global workforce—everything from what people in different parts of the world expect of their jobs to what would prompt them to move to another country for work to the countries they would consider moving to. More than 200,000 people from 189 countries participated … Continue reading
Hays Global Skills Index – The global talent crisis is continuing to worsen
The global talent crisis is continuing to worsen. Across the globe we are seeing organisations fighting to find employees with the necessary skills and training. The Hays Global Skills Index 2014 reflects growing pressure in the skilled labour markets as the global economy recovers. Taken as a whole, labour market conditions tightened across the countries … Continue reading
The Skills Gap in Maine – A disconnect between educators and business people
A new report out today aims to deal with the so-called “skills gap” in Maine’s workforce. The report is part of a series called “Making Maine Work.” This one, according to Christopher Quinn, president of Kaplan University in Maine, uncovered a disconnect between educators and business people. Quinn told reporters that 72 percent of higher … Continue reading
Skills Gap in UK – Foreign bricklayers on £1,000-a-week
Building companies in London have hired Portuguese bricklayers on £1,000-a-week wages because of a shortage of skilled Britons, a recruitment firm has said. The finding was revealed by Manpower, whose research is said to have confirmed industry fears of a lack of suitably-trained workers. Manpower managing director Mark Cahill said he was told the normal … Continue reading
The Skills Gap in Cyber Security – 300,000 to 1,000,000 current positions are vacant
The information security profession, which evolved largely in reaction to threats, is now paying the price of an entire “missing generation.” Companies are challenged finding pros with the combination of business and technical savvy that is needed to combat growing threats. Compounding this problem, educational institutions are not graduating enough students with the necessary skills … Continue reading
Some skills should come before jobs, others develop with the job
To be clear from the onset: I will not oversimplify the unemployment (or inactivity) problem in the Western Balkan countries as solely due to a lack of skills in the population. Low employment rates result from both insufficient creation of jobs by enterprises and too-high a fraction of the workforce that is ill-equipped to take … Continue reading
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