World – ManpowerGroup: Global talent shortages reach 12-year high

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More employers around the world are struggling to fill open jobs as 45% say they can’t find the skills they need. This is an increase from 40% in 2017 and the highest number in 12 years, according to the latest ManpowerGroup Talent Shortage report.

ManpowerGroup’s research surveyed nearly 40,000 employers across six industry sectors in 43 countries and territories.

In 2018, employers in Japan (89%), Romania (81%) and Taiwan (78%) report the most difficulty filling positions, while those in the UK (19%), Ireland (18%) and China (13%) report the least difficulty.

In Japan, the lack of labour supply, aging demographics and immigration restrictions continue to fuel the problem, while in Romania and Taiwan it reflects the upward trajectory of nearshoring and offshoring over recent years. The result is that employers are left with unfilled roles, threatening growth and operational efficiency.

Meanwhile, ManpowerGroup’s report also found that for the sixth consecutive year, skilled trades positions were the hardest to fill globally.

“While artificial intelligence is fast-expanding what can be automated, technology is redefining rather than replacing in demand roles,” the report stated. “Skilled trades – electricians, welders, mechanics and more – as well as sales representatives, engineers, drivers and technicians have ranked among the top five hardest roles to fill for the past ten years.”

The research also found that nearly one-third of employers say the main reason they can’t fill roles is a lack of applicants. Another 20% say candidates lack the necessary experience.

ManpowerGroup also found that large companies (250+ employees) have twice as much difficulty filling roles as micro firms (less than 10 employees). Mid-sized organizations (50-249) also reported that well over half struggling to attract the skills they need. Small employers (10-49 employees) are doing slightly better, with about a third reporting skills shortages.

Source:: http://www2.staffingindustry.com/row/Editorial/Daily-News/World-ManpowerGroup-Global-talent-shortages-reach-12-year-high-47148

      

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