Watch The Gap

With the unemployment rate still persistently high and the number of people looking for jobs picking up, you might think that finding your next quality hire will be easy. However, according to Adecco recent poll of more than 500 senior executives, you might want to think again. That’s because there is a severe skills gap in the American workforce. To learn more, view the infographic:

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Trends Shaping The Return of Manufacturing to US

The viability and vitality of U.S. manufacturing has been restored, according to the current economic and political indicators, but in fact that restoration process has been in progress for several years, marked by trends like “reshoring” and demonstrated by capital investments in new production capabilities, the embrace of “smart” technologies, and in manufacturers’ adoption of new information standards and data communication capabilities.

Click here to read about developments in the Manufacturing industry from IndustryWeek.

Middle-Skill Gap Means Mississippi Employers Struggle to Fill Key Jobs

According to a new analysis by the National Skills Coalition, employers in Mississippi face a shortage of sufficiently trained workers to fill middle-skill jobs. These jobs, which require training beyond high school but not a four-year degree, make up the largest part of America’s labor market. In Mississippi, middle-skill jobs account for 58 percent of the labor market, but only 50 percent of the state’s workers are trained to fill these positions.

58% of Mississippi jobs are middle-skill, but only 50% of Mississippi workers are trained to the middle-skill level.

A program at Mississippi’s community colleges is aimed at closing this skill gap. The Mississippi Integrated Basic Education and Skills Training (MI-BEST) program helps workers earn a high school equivalency and workforce credentials at the same time so they can compete for middle-skill job openings.

Click here to read more about the MI-BEST program from the Business Wire website.

Closing the gap: Results from the Treasure Coast Skills Gap Study

Connecting business and education communities through creative partnerships and collaborations, and introducing new modes of employee training and learning are the keys to broadening the talent pool and growing high-wage, high value jobs throughout the Treasure Coast. Those findings and the full results of the Treasure Coast Skills Gap study, including a strategic framework for implementation, were presented February 7th at the Economic Development Council of St. Lucie County (EDC) Investors’ luncheon.

Click here to read more of Patricia Gehant’s summary on the Treasure Coast Skills Gap study from Florida Trend website. 

Closing the skills gap: Creating workforce-development programs that work for everyone

The skills gap takes different forms. In some cases, it is a matter of youth struggling to enter the workforce; in others, it is midcareer learners who have lost their jobs because of factory closings or layoffs, and who now must adapt. Whatever the circumstance, when people are disconnected from the workplace, they often disconnect from other social institutions as well. This is not healthy—neither for those left out nor for the societies in which they live.

So based on our research and experience, McKinsey has identified five principles that we believe should be the foundation of workforce-development programs—for funders, participants, and employers (Exhibit 1).

Click here to read about the five principles identified by McKinsey. 

Business leaders unite to boost third-grade literacy, slash US skills gap (NC)

The leaders of some of North Carolina’s most prominent businesses are convinced that increasing third-grade literacy nationwide, particularly in North Carolina, is pivotal in reversing the “skills gap” and developing a workforce geared for a global economy. As a major first step, the group is spearheading the national release of Why Reading Matters and What To Do About It, a report from the Business Roundtable (BRT).

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“Early literacy is the foundation for building the highly skilled workforce required for our knowledge-based economy,” said SAS CEO Jim Goodnight, who led BRT’s CEO task force that developed the report. “Current low reading proficiency among young students is deeply troubling; we must take steps now to address the problem.”

Click here to read about the other CEO’s in the Business Roundtable that created the report. 

 

 

 

Bridging the Advanced Manufacturing Skills Gap with Talented Military Veterans

There is a great opportunity for advanced manufacturing organizations to develop workforce talent with current employees through programs that also benefit their communities. Project-based training is a great way to involve the locals and additionally create awareness of the technologies of the future, the organization and those who will be the workers working in it for generations to come. We are in an exciting time where these innovations are pushing the boundaries on a day-to-day basis. It is up to manufacturers to do what some think is unconventional. 3D Veterans has seen tremendous success in many areas, from retention of knowledge, to the innovative solutions that veterans are developing with the new access of information, the skillsets, and the awareness of the technology that is and will keep changing the world for the better.

Click here to read Michael Moncada’s, US Army Veteran and CEO, complete article published with AdvancedManufacturing.Org.

ManpowerGroup annual survey reveals U.S. talent shortage worsening.

Whether you’re an employer, hiring manager, satisfied in your current position, or ready for your next opportunity, the talent shortage affects everyone in the U.S. workforce.

Results of ManpowerGroup’s 11th annual Talent Shortage Survey look at the extent to which employers are having difficulty finding the right talent, which jobs are the most difficult to fill, and where job seekers will find the most opportunity.

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How New York business leaders can close the accounting skills gap

New York’s sheer economic force, combined with massive (and growing) industries including financial services, health care and manufacturing, makes the need for competent finance teams vital to its all-around success.

On a whole, there are more than 1,000 accounting jobs in New York alone, serving each of its major industries.

Though jobs are available and abundant, hiring qualified accounting and finance professionals remains a challenge. In fact, in its 2016 Talent Shortage Survey, The Manpower Group identified accounting and finance as one of the top ten most difficult jobs to fill within the United States, citing the lack of soft skills (or workplace competencies) as a contributing factor.

The problem — known as the skills gap — is complex, but can be broken down into two prevailing forces.

Click here to read more about the two prevailing forces by Jeffrey Thomson from the New York Business Journal. 

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