Global talent crunch hits record high, 54% companies globally face talent shortage

- According to the research, 54 per cent of companies reported skill shortages with businesses in 36 out of 44 countries finding it more difficult to attract skilled talent than in 2018. Employers in the US (69 per cent), Mexico (52 per cent), Italy (47 per cent) and Spain (41 per cent) reported the most acute shortages
Source | economictimes.indiatimes.com | PTI
New Delhi: Attracting and retaining skilled workers has become a challenging affair as 54 per cent of companies globally reported talent shortages, the highest in over a decade, according to a new research by ManpowerGroup.
According to the research, 54 per cent of companies reported skill shortages with businesses in 36 out of 44 countries finding it more difficult to attract skilled talent than in 2018.
Employers in the US (69 per cent), Mexico (52 per cent), Italy (47 per cent) and Spain (41 per cent) reported the most acute shortages.
“In an increasingly tech-enabled world, people with skills are in demand,” ManpowerGroup Chairman and CEO Jonas Prising said.
“We know from conversations with candidates, clients and from our data that workers want flexibility and the opportunity to learn new skills,” Prising added.