Here's why employers can't fill jobs
Many are having problems finding the right candidates, according to a new survey.
A declining unemployment rate -- now at 6.1 percent -- would seem to mean that employers are packing their payrolls with workers. But many businesses say they are having a harder time filling open positions this year than last year, according to a new survey.
The poll, conducted by franchise staffing firm Express Employment Professionals, reports that 83 percent of the 115 company franchises surveyed said that it was "somewhat difficult" or "very difficult" to fill a job opening this year.
That's up from 78 percent who reported the same for the survey in 2013.
When asked for the primary reason jobs remained unfilled, 52 percent of respondents cited a lack of available candidates.
Businesses continue to cite a skills gap between jobs seekers and the open positions.
"This was surprising to me as I thought the number of companies having difficulties would be lower this year," said Bob Funk, CEO of Express, and a former chairman of the Federal Reserve Bank of Kansas City.
"Because of the skills gap, the unemployment rate is still higher than it should be," he added. "The gap is real."
Another reason for the hiring slowdown, however, might be the often low pay that's offered, said Rebecca Smith, deputy director of the National Employment Law Project, an advocacy group for workers.
"Except for those at the top, wages have consistently declined over the past few years," she said. "What you're seeing now is more temp hiring without benefits. Workers aren't happy about that."
Here is a survey breakdown of the difficulty and reasons with comparisons to this year and 2013:
|I don't know||0%||1%|
|Lack of available applicants||52%||46%|
|Not enough pay offered||13%||15%|
|Lack of experience||10%||12%|
|Lack of hard skills||10%||13%|
|Lack of soft skills||4%||3%|
|Unwilling to work part-time or temp roles||1%||2%|
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This is a major league bunch of horse dung. There is no "skills gap." Companies can't find people because they want one person to do three jobs and they don't want to pay. Further, they persist in looking for the non-existent "perfect candidate" ... a 32 year old with 20 years experience who'll work 75 hours a week for entry level wages.
Employers who claim a skills set gap: ever hear of OJT?????????????????????
No the reason is companies tell you what your job description will be and when you arrive you are doing far more than they discussed with you. A majority of positons require you to do the work of more than one person but for the pay of only one person.
Companies want people who won't rock the boat. They want yes men and women while still paying low wages and over working those people. They expect you to just sit there, do your job, take it in the backside and be thankful about it while not paying you what you deserve to make.
When an unemployment check is more than the wages paid for a weeks worth of work what do you expect?
WAKE UP corporate America, you helped create the problem and are unwilling to do anything about it. You complain that there are too many on welfare while your lawyers and accounts expedite your applications for corporate welfare.
We want a Free Market, stop destroying it and start embracing it. It works.
The Middle Class is NOT your ATM!
My wife works for a company that just let their IT dept go. They have now posted ONE entry-level job opening. The six workers (each who had been there from five to 15 years) they just let go have been told they are welcome to apply. So when they don't apply for a job that will require them to do the work of the six - at minimum wage, the company will come back with, "Well, we can't find anyone who wants to work so we had no choice but to outsource."
It is really a sad situation we have in this country.
They say there is no age discrimination but that is an OUTRIGHT lie!!!!!!!!!
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[BRIEFING.COM] Equity indices closed out the month of August on a modestly higher note. The Russell 2000 (+0.6%) and Nasdaq Composite (+0.5%) finished ahead of the S&P 500 (+0.3%), which extended its August gain to 3.8%. Blue chips lagged with the Dow Jones Industrial Average (+0.1%) spending the bulk of the session in the red.
The final week of August represented one of the quietest stretches for the stock market so far this year. The first four sessions of the week produced the ... More
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