Dr. Arthur Langer, Chairman
In the piece, Dr. Langer talks about the skilled labor shortage and how corporations can look to alternative avenues of recruitment to stay competitive. Below is an excerpt:
An unusual phenomenon is happening in the United States. Even though 6.9 million jobs are available, 6 million Americans are unemployed, according to the Bureau of Labor Statistics (BLS). Despite there being more jobs than people to fill them, businesses are struggling to secure new workers, and this disconnect has employers scratching their heads.
“Business’s No. 1 problem is finding qualified workers,” Mark Zandi, chief economist at Moody’s Analytics, said in a press release. “At the current pace of job growth, if sustained, this problem is set to get much worse. These labor shortages will only intensify across all industries and company sizes.”
Read the full article here.