The Talent Shortage: Does it Apply to Me?

Recruiting the Millennials & Generation iY: When the Shortage Strikes
August 10, 2017
Google for Jobs: Friend or Foe?
August 24, 2017

Spotlight on Vulnerable Markets


HEALTHCARE:
According to Andrew Chamberlain of Glassdoor, “Health care is the 800-point gorilla of the labor market today.” Positions such as nursing, medical assistants, and physical therapists are already working their way toward the top of Most Wanted list (eremedia.com). Meanwhile, AAMC News predicts that the physician default will land between 40,800 and 104,900 within the next decade (news.aamc.org).

SKILLED TRADES:
This overarching title includes jobs such as electricians, masons, carpenters, plumbers, welders, plasterers, and bricklayers (ManpowerGroup.com). According to Career Education Colleges and Universities, we can expect to see an increase of almost 86,000 electrician positions by 2024 (www.career.org). Many attribute this shortage to the retiring of Baby Boomers and the slow speed with which younger generations replace them.


MANUFACTURING:
Within the next ten years, 2.7 million manufacturing employees are expected to leave the workforce (forbes.com). Perhaps this is why Ed Monser of Emerson claims that there will be six million open manufacturing jobs in the next three or four years (wdtn.com). The reason for this shortage is like that of skilled trades: while Baby Boomers are retiring in droves, the younger generations are choosing other career options.

INFORMATION TECHNOLOGY:
One of the acutest shortages within this general field lies in cybersecurity. According to Harvard Business Review, the international market can expect “more than 1.5 million unfilled positions by 2020.” By the time the 2016/2017 ManpowerGroup Talent Shortage Survey was published, IT Staff was already ranked number two in the “hardest skills to find” category (manpowergroup.us). Most experts admit that this shortage is likely to increase in the coming years.

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