The late, great Notorious B.I.G., aka Biggie Smalls, once rapped about more money causing more problems, but could more money be the solution to closing the skills gap?
Tag: Skills Gap
The “skills gap” has received a great deal of attention recently, particularly in the years following the Great Recession. In a nutshell, the skills gap refers to the difference between the skills employers want or need and those that the available workforce has to offer.
While many in the workforce fear the potential of being displaced by new technologies like artificial intelligence (AI), companies around the globe are actually seeing a need for more workers with advanced skills to manage the use of AI and other technologies.
The historically low unemployment of recent years has drawn attention to what many employers woefully refer to as the “skills gap,” which is the idea that even though there are applicants for an open position, there aren’t enough applicants who meet the qualifications.
With the rise of the digital economy and Industry 4.0, companies in every sector are gearing up to meet the demands of a quickly shifting technological playing field. The problem is, many industries are struggling to hire workers who have the skills needed to implement and operate these new technologies.
According to the recent CGS (Computer Generated Solutions, Inc.) What Employees Want in 2019 Infographic, Learning and Development (L&D) is becoming more critical than ever before—for both employers and employees.
With the short shelf life of workplace skills, a tight labor market, and a growing skills gap in the modern-day workplace, learning and development (L&D) is now more important than ever.
For small businesses looking to attract talent, a recent April 2019 hiring forecast shows that job growth was essentially unchanged last month, while hourly earnings growth for workers continues to slightly grow.
“There are plenty of fish in the sea”—while this statement usually applies to the dating world, it can also apply to the recruiting world, especially in a candidate-driven market. Employers across the country are going to great lengths to attract and retain the best and the brightest. One employer is attracting workers that are re-entering the […]
In a previous post, we looked at a few workplace culture predictions you should be prepared for by the time 2030 rolls around.