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Study Notes
- According to a recent survey, employers are feeling a productivity loss due to an over-supply of vacant positions.
- In a similar survey from 2019, only six out of ten companies reported experiencing a productivity loss due to an over-supply of vacant positions.
- The labor shortage is one of the biggest threats to our prosperity today. The current unemployment rate is higher than it has been in many years due to economic uncertainties, but StepStone currently has a 126% increase in job postings.
- 82% of surveyed personnel managers report that they are experiencing a productivity loss due to an over-supply of vacant positions.
- The main challenge that these managers see is finding enough qualified candidates. They prioritize reducing bureaucracy in order to make it easier for foreign degrees to be accepted and for immigrants to have real equality in their workplace.
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Description
Explore the impact of labor shortage on productivity and the challenges faced by employers. Learn about the increase in job postings and the strategies to address the shortage of qualified candidates and foreign degrees acceptance.