Tag: talent shortage

Why Companies Struggle to Maintain their Tech Talent and Best Practices to Foster Sustained Growth

While tech layoffs dominated news headlines last year, in a turn of events, companies now struggle to find qualified workers amid the shrinking tech talent pool. Today, the demand for tech talent significantly exceeds the supply, with the US Bureau of Labor Statistics predicting that this talent shortage in the software development field will increase to 1.2M […]

HR Perspectives: Top Human Resources Trends for 2024

For Human Resources executives, the new year arrives amid a slew of contradicting trends. Revenue streams are flowing steadily for many businesses, yet their company stock performances have underwhelmed. Despite perceptions of a weakened economy, firms are struggling to fill vacant job openings amid a low unemployment rate. Well-managed remote workplaces increase productivity, but executives […]

New Data Reveals How Recruiters Can Overcome Today’s Evolving Job Market

Competition for talent remains tight in today’s uncertain hiring landscape, with the latest Job Openings and Labor Turnover Summary (JOLTS) report sharing that job openings have increased to 10.7 million. And while talks of a recession and hiring slowdown dominate the narrative, employers will continue to experience challenges in attracting and hiring high-quality candidates for […]

6 Statistics HR Pros Need to Know for Beating the Talent Shortage

Although the media is abuzz with news of layoffs and debates about whether we are in a recession, one thing is certain: There is a talent shortage, and it will likely persist as long as the job market remains tight. For the fourth consecutive year, employers surveyed for iHire’s annual “State of Online Recruiting” report […]

Baby Boomers Discuss Discrimination in the Hiring Process

As Millennials and Gen Z continue to infiltrate the workforce, much attention has been given to attracting and retaining these young workers. But what about Baby Boomers and Gen X? Have we completely overlooked the older generations when it comes to hiring top talent?

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Corporate Leaders Fear Talent Shortage

In an increasingly service- and skill-driven economy, talent acquisition, development, and retention are immensely important for companies that want to stay competitive in the long run.

Corporate Leaders Fear Talent Shortage

In an increasingly service- and skill-driven economy, talent acquisition, development, and retention are immensely important for companies that want to stay competitive in the long run.

talent

5 Industries Facing Talent Shortages

With the rise of artificial intelligence and automation, many industries are facing talent shortages right now and will continue to do so over the next decade or so. And current studies and research indicate that the skills gap is widening and that this will cost companies over $8.5 trillion in economic opportunity.