The idea of dealing with a depleted skilled workforce is nothing new. However, over the past year or so, the sting of struggling to find qualified workers is becoming more and more prevalent across all industries.This isn’t your imagination and frankly what is occurring with the United States’ job market this year is literally making history. For the first time ever (for multiple months in a row) the number of available positions in the US has exceeded the number of people currently available for work. What exactly are we talking about here? According to cnbc.com, as of April 2018, there were roughly 6.7 million job openings across the country and only 6.4 million available workers to fill them, with that gap only continuing to widen.
In today’s career landscape, establishing a solid work life balance can, at times, feel impossible to achieve. With the advancements in technology and social media, staying in contact with friends, family, colleagues and clients is inevitably always at our finger tips. While being able to work from a variety of platforms can increase productivity and efficiency, it can also make it extremely difficult to disengage from your professional duties and focus on your personal well being. According to Forbes.com, here are some tips to help you come to terms with establishing a healthier work life balance.
Walking through the grocery aisle, we may take for granted the easily accessible and seemingly endless supply of non perishable items available to us on grocery shelves. However, these items do not magical appear there, just waiting for us to purchase them. A nationwide team of Logistics Professionals and Drivers are there to ensure we have the products we want/need in a timely manner. However, what happens when the number of Drivers available to deliver said goods, starts to dwindle?
As unemployment continues to drop and more in the baby boomer generation are retiring, companies nationwide in a wide variety of industries are beginning to feel the sting of talent shortages. With this in mind, who might get hit the hardest this year and what can be done about it?
As the talent gap continues to grow, employers are looking to the Millennial and Gen Z populations to complete their teams. It’s estimated that by 2020, Millennials alone will make up nearly half of the workforce. In order to attract and maintain Millennials in your workforce, it’s important to understand that their values and interests vary greatly from other generations.
While the economy is remaining strong, many small businesses in the United States are still struggling to grow their business. One of the biggest challenges facing business leaders today, is recruiting qualified candidates.
In a recent survey conducted by Indeed with small businesses, 97% of respondents reported difficulty in hiring the right candidate at least occasionally. While even the nation’s largest employers are fighting to attract top talent, small businesses experience a different set of challenges that can increase the difficulty in recruiting, even for lesser skilled positions. A few of their challenges include:
Could you imagine if 75% of your staff left for another opportunity? It could happen. According to LinkedIn’s Talent Trends 2014, 75% of professionals are open to changing jobs! With the average time to fill a position nearly an entire month, passive recruiting could be a detriment to your bottom line, and your business.
So it’s not your imagination, the time to fill your job vacancies has grown substantially. The Dice-DFH Vacancy Duration Measure, recently reported the average time to fill a vacancy had jumped to almost 27 working days in February 2015.