1. Skills and jobs in America.
- Author
-
Gordon, Edward E.
- Subjects
UNITED States economy ,MEDICAL personnel ,LABOR costs ,PHYSICIAN supply & demand ,SOCIOECONOMICS - Abstract
This article discusses the current skills and jobs situation in America. It highlights that 75% of U.S. employers struggle to find skilled talent, which is the highest figure in 17 years. The article also mentions that a talent shortage could lead to a loss of nearly $2 trillion in unrealized revenue by 2030. The worker pipeline is being squeezed due to retiring skilled workers and a lack of younger people with the necessary education to fill high-skill jobs. The article provides examples of how these talent deficits are affecting various sectors, such as aerospace and healthcare. It concludes by emphasizing the need for long-term talent investments to address skilled worker shortages and avoid a prolonged recession. [Extracted from the article] more...
- Published
- 2024
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