Recruitinrg Trends.com article from Manpower Inc.’s third annual talent shortage survey is an eye opener. It found that 31% of all employers worldwide are having trouble finding talent.
“According to the survey, the top 5 jobs that employers are having difficulty filling in 2008 compared to 2007 include: Skilled Manual Trades, Sales Representatives, Technicians, Engineers, and Management/Executives.”
We have seen this trend for some time. We speak to over 1000 CEO’s and key executives every year. Filling the skilled manual trades is always high on their hiring frustration list. One thing we believe contributing to shortage is college. The level of high school graduates going directly to college instead of the trades continues to increase. Even those in the trades tell their kids; “You need to go to college.”
Quoting the survey “This year, the most significant finding in our survey is that the percentage of employers in the Americas having trouble filling positions has dropped more than half compared to last year,” says Jeffrey A. Joerres, Chairman and CEO of Manpower Inc. “This dramatic decrease is a reflection of the recent downturn in the U.S. economy. However, the talent crunch is still a very real concern . . .”
Here is the good news. Other countries are struggling far more than US employers. Countries such as Japan, Singapore and the UK are worse off. With Hong Kong reporting the largest increase in employee shortages.
Leave us your thoughts and comments if your company is experiencing the same trend.
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