All over the world, organizations are struggling to fill vacancies for a whole host of roles, from systems architects and administrators to janitors and pilots. In the US, the tightening labor market is affecting both blue and while-collar roles indiscriminately.
The recent Business Conditions Survey by the National Association of Business Economics found that 47% of respondents reported a shortage of skilled workers in the third quarter of this year: that's up from 32% in the second quarter of 2021.
So what exactly is happening, and what can employers do about it?
In this report, Talent shortages: state of the US labor market (November 2021), we examine the impact of talent scarcity on key sectors of the US economy - and offer tips for finding the right people when the competition for talent is so tough.
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